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10620 S Vincennes Ave - Car Wash 4,000 SF Specialty Building Offered at $613,908 CAD at a 24.44% Cap Rate in Chicago, IL 60643

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Investment Highlights

Turnkey car wash business with real estate included
High-visibility location on busy corridor
Opportunity to increase revenue through upgrades or added service

Approx. $110,000 projected net income
4,000 SF building with functional layout
Strong existing customer base with repeat traffic

Executive Summary

Turnkey car wash opportunity with high income and significant upside potential. This 4,000 SF property includes land, building, a fully operational business, equipment, and an established customer base. Currently generating approximately $110,000 in projected net income, offering an attractive return for both investors and owner-operators.
Positioned on a well-traveled corridor with excellent visibility, the property benefits from consistent traffic and repeat clientele. Ideal for an owner-user looking to step into a cash-flowing business or an investor seeking a high-yield asset with redevelopment potential.
Additional upside exists through modernization, service expansion, or repositioning of the site. Rare opportunity to acquire a fully equipped business with real estate in a growing area at a compelling price point.

Property Facts

Price	$613,908 CAD	Property Subtype	Car Wash Specialty Parking Lot Specialty Recycling Centre Specialty Contractor Storage Yard
Price Per SF	$153.48 CAD	Building Class	C
Sale Type	Investment or Owner User	Lot Size	0.77 AC
Cap Rate	24.44%	Building Size	4,000 SF
Sale Conditions	Business Value Included Redevelopment Project	No. Stories	1
Property Type	Specialty	Year Built	1969
Zoning	RS-2,C1-1 - Commercial zoning allows car wash, retail, or service use. High-visibility site ideal for owner-user, investment, or redevelopment.

Price	$613,908 CAD
Price Per SF	$153.48 CAD
Sale Type	Investment or Owner User
Cap Rate	24.44%
Sale Conditions	Business Value Included Redevelopment Project
Property Type	Specialty
Property Subtype	Car Wash Specialty Parking Lot Specialty Recycling Centre Specialty Contractor Storage Yard
Building Class	C
Lot Size	0.77 AC
Building Size	4,000 SF
No. Stories	1
Year Built	1969
Zoning	RS-2,C1-1 - Commercial zoning allows car wash, retail, or service use. High-visibility site ideal for owner-user, investment, or redevelopment.

About 10620 S VINCENNES AVE , CHICAGO, IL 60643

Prime opportunity to acquire a fully operational car wash with real estate in a high-visibility Chicago location. This 4,000 SF property sits along a well-trafficked corridor, offering excellent exposure, easy access, and consistent customer flow. The offering includes the land, building, equipment, and established business, providing a true turnkey opportunity for an owner-operator or investor. With strong in-place income and additional upside through modernization or service expansion, this asset presents both immediate cash flow and long-term growth potential. The site layout and zoning allow for continued automotive use or future redevelopment, making it an attractive option for buyers seeking flexibility and value-add potential. Rare chance to secure a business-backed real estate investment at an accessible price point in a growing market.

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