Mason Square Car Wash

1250 Douglas Rd Oswego, IL 60543

1250 Douglas Rd, Oswego, IL, 60543
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FOR SALE
Property Type:
Big Box Retail
Amount:
$550,000
Last Verified:
Jan 10, 2024

Highlights

  • Fully Equipped 6-Bay Car Wash
  • 2 Fully-Automatic Touchless Systems
  • 4 Manual Bays
  • 4 Dual Sided Self-Serve Vacuum Stations
  • Ideal Shopping Center Out-lot Location
  • High-Traffic Count Location
  • Strong SW Suburban Chicago Retail

Description

eXp Commercial is proud to present to the market Mason Square Car Wash, a fully equipped 6-bay carwash in southwest suburban Chicago's Oswego, IL. Ideally located on an out-lot of the Mason Square Shopping Center along heavily trafficked Route 34, it averages 45,000 vehicles per day.

The property is in good condition and is configured with two fully automatic bays equipped with the industry-leading Ryko Pulse Gold Touchless Carwash System constructed for high volume operations, four manual bays, and four dual-sided vacuum, fragrance, and cleaning accessory self-service stations. The full brochure for the system and specifications are to follow in this offering memo.

The entire car wash system was newly purchased and installed in 2017, but due to other business demands requiring nationwide travel, the current owners never opened the carwash. The system, therefore, has had no usage. For this reason, as well, there is no historical operational or financial data available. The property is sold as-is. Seller financing options are available. Additionally, the broker can assist with sourcing conventional commercial and SBA financing for qualified buyers.

Oswego is one of the fastest-growing communities in Illinois and the largest municipality in Kendall County. Oswego borders Aurora to the north, the second-largest city in Illinois. Oswego is a regional shopping and dining destination, home to national and independent retailers and restaurants. Sales tax is Oswego’s largest revenue source, and about 60% of retail sales are from shoppers who live outside of Oswego.

The Route 34 corridor where the subject property is located in Oswego offers more than 2.2 million square feet of commercial space. Anchor stores include Best Buy, Dick’s Sporting Goods, Hobby Lobby, The Home Depot, Kohl’s, Meijer, Target, and Wal-Mart, joined by many well-known chain restaurants and a growing number of family-oriented entertainment facilities.

SW Suburban Chicago


Year Built: 1992
Building Size: 3750sq ft
Lot Size: 1.19 acres

Map of 1250 Douglas Rd, Oswego, IL, 60543

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.