235 W State Road, Island Lake, IL 60042 | MLS #12363301 | Mel Foster Brokerage, LLC  
 
Listing provided courtesy of Baird & WarnerMREDMLS# 12363301MLS Provider
  • 393 days on site
  • 19 views

Don't miss this rare opportunity to own a well-established car wash in the heart of Island Lake. This Car Wash has been a trusted destination for local residents and commuters for decades, offering both self-service and automatic wash options. Prime location on busy Route 176 with high visibility and steady traffic flow. Carwash includes 4 self-serve bays & 2 automatic wash bays with 5 powerful vacuum stations, a well maintained facility with ample parking and easy access for all vehicle types. This is a real estate sale including land and building. Please note that the seller is unable to provide financial records; therefore, this is priced as a real property acquisition. The operating car wash business conveys as-is along with the equipment, but is included with this real estate purchase, a ready-to-run operation for the right buyer to take over and grow from day one. Whether you're an investor looking for a income-producing asset or an entrepreneur ready to step into a turnkey operation, Saini Island Lake Car Wash presents a compelling opportunity in a proven location.

Source: MRED, MLS#: 12363301

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  • Property Type
    Business Opportunity

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Mel Foster Co. Inc
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  • Median Age
    42
  • Population Density
    1,679
  • College Educated
    38%
  • Estimated Median Income
    $82,601
  • Estimated Total Home Owners
    2,510
  • Estimated Total Renters
    648
  • Owner / Renter Divide
    79% / 21%
  • Estimated Average Household Size
    3
  • Total Population
    8,519
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 235 W State Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/7/2025Source: MRED Status Change
Active
6/2/2025Source: MRED Added to Database
June 02, 2025
11/9/2022Source: MRED Status Change
Closed
10/11/2022Source: MRED Status Change
Contingent
7/29/2022Source: MRED Added to Database
July 29, 2022