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2740 State Route 160
Highland IL 62249 US

$1,600,000

Pending Listing ID 26068361
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Lot: 0.50 Acres
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Other

$1,600,000

Pending Listing ID 26068361
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2740 State Route 160 EXCEPTIONAL COMMERCIAL INVESTMENT OPPORTUNITY - Two-location self-service car wash portfolio offered at $1, 600, 000 in Highland, Madison County, Illinois. Splish Splash Auto Bath features 15 total wash bays across two fully operational, turnkey facilities: 134 Wood Crest Drive (9 self-service bays + 1 touchless automatic wash, 5, 292 SF, built 2018) and 2740 State Route 160 (4 self-service bays + 1 touchless automatic wash, 3, 012 SF, built 2007). Combined 8, 304 SF of brick masonry construction on 0.78 total acres with public water and sewer - buyer acquires fee simple ownership of all real estate, equipment, and business. Both locations are fully operational with an established customer base and immediate day-one cash flow. THREE YEARS OF IRS-VERIFIED FINANCIALS AVAILABLE: 2025 gross revenue $358, 789 - highest year on record - with an adjusted net operating income of $187, 976, reflecting an exceptional 11.75% cap rate at the asking price. Three-year average adjusted NOI of $147, 742 (2023-2025) supports a 9.23% cap rate. 2026 year-to-date revenue through July 31 is $221, 643, annualizing at $379, 959 and tracking in line with 2025's record performance. The self-service model runs largely unattended with minimal staffing requirements, strong equipment depreciation benefits, and consistent year-round demand. Properties are 1031 exchange eligible.

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Property Features

  • Facts
  • Lot Size: 0.50 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1600000
  • unparsedaddress: 2740 State Route 160
  • postalcity: Highland
  • stateorprovince: IL
  • country: US
  • postalcode: 62249
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.5
  • lotsizeunits: Acres
  • lotsizearea: 0.5
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 38.752239
  • longitude: -89.671391
  • listagentfullname: Darin Revermann
  • listagentemail: revermanninc@gmail.com
  • listagentkey: 3yd-MARISMO-DREVERMA
  • listagentmlsid: DREVERMA
  • listagentpreferredphone: 6189727520
  • listagentofficephone: 6189727520
  • listofficekey: 3yd-MARISMO-RLBK
  • listofficemlsid: RLBK
  • disclaimer: Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 2007
  • listagentfax: 7165613650
  • listagenturl: https://www.onereal.com
  • countyorparish: Madison
  • parcelnumber: 02-2-18-33-00-000-040/02-2-18-32-15-401-002-014
  • constructionmaterials: Block
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -89.671394, 38.75224
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"revermanninc@gmail.com", "ListBrokerageCity":"Naperville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ilbroker@therealbrokerage.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Broker, LLC", "ListBrokeragePhone":"(855) 450-0442", "ListBrokeragePostalCode":"60540", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"50 S Main St, Ste 200", "ListBrokerageWebsiteUrl":"https://www.onereal.com", "ListOfficeAddress1":"50 S Main Street Suite 200 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RLBK", "ListOfficeCity":"Naperville", "ListOfficeCountry":"US", "ListOfficeEmail":"support@joinreal.com", "ListOfficePostalCode":"60540", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Highland, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-10-26 13:26:38", "Neighborhoods":[{"Description":null, "Name":"Maurice & Karen Korte 1st Sub"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10228, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/27/2026 7:56:06 AM GMT
Source Updated Date: 11/5/2026 12:58:06 AM GMT

Courtesy of: Darin Revermann, Real Broker LLC, revermanninc@gmail.com

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.