1625 Western, Chicago Heights, IL 60411

$575,000
Property Type: Commercial Sale Square Footage: 10,000 Lot Size (sq. ft.): 62,500 Status: Closed
Current Price: $575,000 List Date: 2/09/2021 Last Modified: 6/19/2024

Overview

Description

BRAND NEW ROOF March 2021. Opportunity is knocking...Fully operational Car Wash on prime frontage off WESTERN AVE. Take the plunge while the rates are at all time low's and open or expand that business you've always wanted to. During it's busiest times this Car Wash averaged around 410 cars per day (that's close to 150,000 cars per year) and the busiest day pulling in 1648 cars in 1 DAY-----Do the math and start counting your money. There is so much potential with what being offered and the possibility of expansion. Daily traffic counts in October 2020 are 26,900 on Lincoln Highway and 13,400 on Western Avenue. All equipment is included and maintained daily, New computer system and conveyor installed in 2004. BONUS.. this property offers the huge paved lot to the north giving you PLENTY of room to expand!!! This business has been owned by the same family for 91 years, owner is retiring and is willing to stay on and train the new owner.

Listing Details MLS# 488206

General Property Information

Living Area
10000
Building Area Source
Assessor
Year Built
1959
Lot Size Acres
1.4348
Lot Size Square Feet
62500
Lot Size Dimensions
250x250
Waterfront YN
No

Property Features

Building Features: Business District Location; Exposed Under Roof Ceiling(s); Exterior Lighting; Suspended Ceiling(s); Other Construction Materials: Block Cooling: Central Air Current Use: Commercial Electric: Other Foundation Details: See Remarks Heating: Other Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Other Possession: Close Of Escrow Possible Use: Commercial; Other Rail Availability: None Road Frontage Type: City Street Roof: Other Tenant Pays: None Utilities: Electricity Connected; Natural Gas Connected; Other Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
724900
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
1625
Street Name
Western
County
Cook
State
IL
Postal Code
60411
Subdivision Name
none

Remarks and Miscellaneous

Public Remarks
BRAND NEW ROOF March 2021. Opportunity is knocking...Fully operational Car Wash on prime frontage off WESTERN AVE. Take the plunge while the rates are at all time low's and open or expand that business you've always wanted to. During it's busiest times this Car Wash averaged around 410 cars per day (that's close to 150,000 cars per year) and the busiest day pulling in 1648 cars in 1 DAY-----Do the math and start counting your money. There is so much potential with what being offered and the possibility of expansion. Daily traffic counts in October 2020 are 26,900 on Lincoln Highway and 13,400 on Western Avenue. All equipment is included and maintained daily, New computer system and conveyor installed in 2004. BONUS.. this property offers the huge paved lot to the north giving you PLENTY of room to expand!!! This business has been owned by the same family for 91 years, owner is retiring and is willing to stay on and train the new owner.

Status Change Information

Major Change Timestamp
2024-02-18T02:06:29Z
Major Change Type
Price Reduced
Price Change Timestamp
2024-02-18T02:06:29Z
Status Change Timestamp
2022-05-02
Offer Acceptance Date
2021-11-29
Close Date
2022-05-02
Close Price
575000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
23266

Showing Requirements

Showing Instructions
Agents must be present. Please do not talk to any employee's., Please allow 24 hours notice for showings

Historical Information

Public Historical Remarks
Utilities: On, Frontage Access: Public Road,Stop Sign Intersect, Fire Protect: Fire Extinguishers
Listing Office: SCHUPP Real Estate
Last Updated: June - 19 - 2024
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