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