Busy Laundromat for Sale in Chicago, IL

View Original Listing

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