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LONGSTANDING NEIGHBORHOOD LAUNDROMAT 424 E 71ST ST, CHICAGO, IL 60619 BUSINESS FOR SALE MIKUS KINS 312.925.8013 [email protected] BE COMMERCIAL 3352 N Sheffield Ave. | Chicago, IL 60657 773.234.3363 | berealtygroup.com

LONGSTANDING NEIGHBORHOOD LAUNDROMAT€¦ · LONGSTANDING NEIGHBORHOOD LAUNDROMAT 424 E 71ST ST, CHICAGO, IL 60619 BUSINESSFOR SALE MIKUS KINS 312.925.8013 [email protected]

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  • L O N G S TA N D I N GN E I G H B O R H O O DL A U N D R O M AT4 2 4 E 7 1 S T S T, C H I C A G O , I L 6 0 6 1 9

    B U S I N E S S F O R S A L E

    MIKUS [email protected]

    BE COMMERCIAL3352 N Sheffield Ave. | Chicago, IL

    60657773.234.3363 | berealtygroup.com

  • MIKUS [email protected]

    BE COMMERCIAL3352 N Sheffield Ave. | Chicago, IL

    60657773.234.3363 | berealtygroup.com

    PROPERTY OVERVIEW

    Popular neigborhood laundromat available for sale. This business has been serving theneighborhood for generations. Many options to upgrade the facilities and add additionalservices. Possible options exist to apply for one or more available neigborhood grants tooff-set the acquisition cost or to help upgrade the business. NDA required to reviewadditional information. Feel free to visit the property, but DO NOT DISTURB EXISTINGBUSINESS. Business is open and running as usual.

    BUSINESS HIGHLIGHTS

    - BUSINESS HAS OPERATED FOR GENERATIONS

    - WILL REQUIRE NEW LEASE WITH BUILDING OWNER

    - BUILDING IS SEPERATLEY AVAILABLE FOR SALE

    OFFERING SUMMARY

    Sale Price: $69,000

    Annual Gross Revenue $65,000

    Store Size: 1,800 SF

    Price / SF: $38.33

    Zoning: B3-1

    Market: Park Manor

    Submarket: Greater GrandCrossing

    L O N G S TA N D I N G N E I G H B O R H O O D L A U N D R O M AT4 2 4 E 7 1 S T S T , C H I C A G O , I L 6 0 6 1 9

  • MIKUS [email protected]

    BE COMMERCIAL3352 N Sheffield Ave. | Chicago, IL

    60657773.234.3363 | berealtygroup.com

    L O N G S TA N D I N G N E I G H B O R H O O D L A U N D R O M AT4 2 4 E 7 1 S T S T , C H I C A G O , I L 6 0 6 1 9

  • MIKUS [email protected]

    BE COMMERCIAL3352 N Sheffield Ave. | Chicago, IL

    60657773.234.3363 | berealtygroup.com

    L O N G S TA N D I N G N E I G H B O R H O O D L A U N D R O M AT4 2 4 E 7 1 S T S T , C H I C A G O , I L 6 0 6 1 9

  • MIKUS [email protected]

    BE COMMERCIAL3352 N Sheffield Ave. | Chicago, IL

    60657773.234.3363 | berealtygroup.com

    POPULATION 1 MILE 2 MILES 3 MILES

    Total Population 36,611 137,867 312,060

    Average age 37.2 34.7 35.1

    Average age (Male) 34.8 31.1 31.5

    Average age (Female) 40.0 37.3 37.5

    HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

    Total households 14,493 54,868 124,953

    # of persons per HH 2.5 2.5 2.5

    Average HH income $42,054 $40,593 $46,681

    Average house value $178,231 $205,099 $228,714

    * Demographic data derived from 2010 US Census

    L O N G S TA N D I N G N E I G H B O R H O O D L A U N D R O M AT4 2 4 E 7 1 S T S T , C H I C A G O , I L 6 0 6 1 9