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Owner/User Car Wash | Chicago MSA

$75,000

602 Montgomery Road, Montgomery, IL 60538

Active
Last Updated: 09/24/2026

0.52 acres

Lot Area

2001

Year Built

Details:
Lot Area:    0.52 acres
Year Built:    2001
Highlights:
  • Fee-Simple Car Wash Business & Real Estate: Acquire the operating car wash business, building, and underlying real estate in one sale.
  • Five-Bay, Newly Renovated Wash Facility: Three self-service bays plus two touchless automatic bays, built in 2001 on ±0.52 acres.
  • Established Cash-Flowing Operating History: Historical net operating income has ranged from the high $30,000s to low $50,000s annually.
  • Recently Upgraded Equipment Throughout: All five bays now accept cash and credit, with new vacuum systems, water lines, valves, and wiring.
  • High-Traffic Montgomery Road Frontage: The site sees ±12,600 vehicles daily and sits directly beside a complementary laundromat.
  • Attractive Bonus Depreciation Tax Benefits: Car washes qualify for 100% bonus depreciation and accelerated depreciation on equipment and site.
Description:

For more information visit:
https://rimarketplace.com/auction/3454/retail/montgomery/il?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november4_2026&utm_content=retail_3454

Brokered by Friedman Real Estate and powered by RealINSIGHT Marketplace, 602 Montgomery Road in Montgomery, IL is a newly renovated, five-bay car wash offered via auction as a combined business and real estate acquisition. Built in 2001 on ±0.52 acres and zoned B-1, the facility features three self-service bays and two touchless automatic bays, supplemented by vacuum and vending income, and operates 24 hours a day, seven days a week. All five bays have recently been upgraded to accept cash and credit, with new vacuum systems, water lines, valves, and equipment room wiring installed. The property has a long-standing operating history, with historical net operating income ranging from the high $30,000s to low $50,000s annually, and car washes generally qualify for 100% bonus and accelerated depreciation, a potential benefit buyers should confirm with a CPA. Positioned on Montgomery Road with ±12,600 vehicles passing daily and adjacent to a complementary laundromat, the site sits within a dense, high-income Chicago-suburb trade area of roughly 93,000 residents and $110,000 average household income within three miles, about 42 miles southwest of downtown Chicago.

Location
Located at 602 Montgomery Road along a corridor carrying ±12,600 vehicles per day, the car wash sits directly beside WashSmart Laundry and just minutes from Rush-Copley Medical Center and Phillips Park Golf Course. The site is about 40 miles southwest of downtown Chicago via I-88 and Route 25, with Aurora, Oswego, and Naperville retail corridors nearby.


Bidding Opens
Nov 03 1:00 AM
Bidding Closes
Nov 05 1:00 AM

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