7740 43Rd StLyons, IL 60534

For Sale
$397,000

Turnkey Car Wash & Laundromat, High Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional turnkey business opportunity in Lyons, IL, presents a rare chance to acquire a thriving car wash and laundromat. The 2,700 square foot facility, situated on a spacious 15,862 square foot lot, boasts 5 car wash bays (4 self-serve, 1 automatic), 21 washers, 14 dryers, and ample vending machines. The property includes 14 parking spaces, ensuring convenient customer access. Recent upgrades to the building and equipment ensure a smooth transition for the new owner. The current owner offers value-added services like free vacuums and dryers, with wash and laundry starting at $3.00, presenting significant growth potential. The property is zoned R3, allowing for multi-unit residential development, should the new owner choose to pursue that option. The single-story building features a 10-foot ceiling height. Financial records indicate a strong cash flow, with an asking price of $397,000 ($147.04/sq ft, $79,400/unit). The current owner is willing to provide training and assistance to ensure a seamless transition. This is a unique opportunity to own a well-established, profitable business with significant upside potential. The property's location at 7740 43rd St, Lyons, IL 60534, in Cook County, offers excellent visibility and accessibility. The property is held as a corporation.

Highlights

  • Thriving car wash and laundromat in Lyons, IL, with 5 bays (4 self-serve, 1 automatic), 21 washers, and 14 dryers.
  • 2,700 SF building on a 15,862 SF lot with 14 parking spaces.
  • Recent upgrades and strong cash flow, asking price $397,000 ($147.04/SF).
  • R3 zoning allows for potential multi-unit residential development.
  • Seller offering training and assistance for a smooth transition.

Property Details for 7740 43Rd St

Property type
Other specialty properties, Automotive properties
Square Feet
2,700 SF
Year Renovated
2
Buildings
1
Stories
1
Units
5

Location Insight

City
Lyons
County
Cook
State
Illinois
Latitude
41.8137109
Longitude
-87.8150134
7740 43Rd St, Lyons, Illinois

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7740 43Rd St
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