Laundromat Business + Property – Phoenix, IL – Laundromats For Sale

Laundromat Business + Property – Phoenix, IL

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For Rent, For Sale $1,450,000.00 - Leased, Owned

503-515 E 153rd St., |  Phoenix IL 60426

Laundromat Business + Strip Mall $1,450,000

  • Constructed in 2008
  • 8 units in the strip. 3 occupied by the laundromat and 5 separate units that are all occupied. 100% occupancy. 
  • All tenants pay $1400 per month + utilities, tax (separate pins), maintenance 
  • Each unit has own meters for utilities, air handlers, thermostats.
  • Laundromat is 3500+ sq ft
  • Equipment appraised at $350,000 in 2018
  • In business for over 10 years. Owner looking to retire. 
  • Oldest equipment is from 2009. Some has been replaced. 
  • Can add income with drop-off service 
  • Very clean, preventative maintenance on equipment owner takes great pride in his business  
  • Only laundromat in the area with A/C so does very well in summer months

 

-OR-

 

Laundromat Business $350,000

For business, equipment, clientele. Rent will be $3500 a month. Occupies 3 units. Other tenants pay $1400 per month for their units which would be $4200 for the 3 units but will give a break and just charge $3500

  • 3500+ sq ft
  • Equipment appraised at $350,000 in 2018
  • In business for over 10 years. Owner looking to retire. 
  • Oldest equipment is from 2009. Some has been replaced. 
  • Can add income with drop-off service 
  • Very clean, preventative maintenance on equipment owner takes great pride in his business  
  • Only laundromat in the area with A/C so does very well in summer months
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Agent Houbolt Real Estate

  • Office : 773-972-3690

Chris Williams
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