Busy Laundromat for Sale in Chicago, IL
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Financial Details
- Asking Price:
- $625,000
- Profit Metric:
- Revenue
- Location:
- Chicago, IL, US
- Source:
- Date:
- September 15, 2025
Key Highlights
High-volume laundromat with 64 washers and 32 dryers.
Located in a favorable demographic area with ample parking.
Long-term lease with reasonable options in a 5000 SF building.
Description
This is a high-volume laundromat located in the near southside of Chicago, IL. The business operates daily from 4 AM to 10 PM and is equipped with 64 Dexter washers and 32 Dexter double-stack dryers, all in like-new condition. The facility occupies a 5000 SF building with a long-term lease offering reasonable terms and ample parking directly in front. Favorable demographics in the area support strong business potential. The owner is selling to consolidate holdings as they live over an hour away. Buyers will need a minimum of $300k down payment and good credit, with financing options available for the balance. Proof of funds and an NDA are required for further details.
Industry Information
- Industry Description:
- Laundromat
- Classification:
- Service Businesses
Operational Snapshot
- Reason for Selling:
- Seller retiring.
Real Estate & Lease
- Status:
- Leased
Broker Contact
- Name:
- John Vassiliades
- Company:
- J. Vassiliades & Company
- Phone:
- 708-505-7743
Listing Details
- Listing ID:
- 8550be7e-7f99-4a6a-be69-81bfa9d276cb
- Source Listing ID:
- 2412234
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD
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