3127 Milwaukee Avenue

    Chicago, IL 60618
    • $399,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 10366887
    UPDATED: 31 min ago
    $399,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,968
      SQFT
    • $31
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own a high volume coin laundry business. The Milwaukee Bubbles Laundromat is well-maintained, clean, spacious, supervised at all times, profitable business with great cash flow. Great location and 3 year old equipment make this laundromat busy, efficient, and profitable at all times. The laundromat includes: 15 Dexter Commercial washers 40-30-20lbs capacity, 5 single Dexter Commercial dryers, 6 stack-able(double) Dexter Commercial dryers, plus 5 folding tables, private office and 2 restrooms! This business has a 24 hour alarm and monitoring system. The owner is allowed to use exterior parking space in the back of the building. Business expenses include, gross rent $2,000 a month, business insurance, water, gas, electric, and AC bill during summer. Rental agreement is guaranteed for the next 10 years, all equipment and office furniture included. The income in this location can be multiplied by drop off & tailor services. This is a multipurpose money maker!

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2019-05-26T09:51:35.433 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.centralilhomefinder.com/homes/94393565

    3127 Milwaukee Avenue Chicago, IL 60618

    • Price: $399,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 10366887
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    12,968
    SQFT
    $31
    $/SQFT
    Neighborhood:
    Chi - Avondale
    County:
    Cook
    Area:
    Chi - Avondale
    Property Description
    Excellent opportunity to own a high volume coin laundry business. The Milwaukee Bubbles Laundromat is well-maintained, clean, spacious, supervised at all times, profitable business with great cash flow. Great location and 3 year old equipment make this laundromat busy, efficient, and profitable at all times. The laundromat includes: 15 Dexter Commercial washers 40-30-20lbs capacity, 5 single Dexter Commercial dryers, 6 stack-able(double) Dexter Commercial dryers, plus 5 folding tables, private office and 2 restrooms! This business has a 24 hour alarm and monitoring system. The owner is allowed to use exterior parking space in the back of the building. Business expenses include, gross rent $2,000 a month, business insurance, water, gas, electric, and AC bill during summer. Rental agreement is guaranteed for the next 10 years, all equipment and office furniture included. The income in this location can be multiplied by drop off & tailor services. This is a multipurpose money maker!
    Exterior Features

    Approx Land Sq Footage 2000 Construction Brick Location Mixed Use Area Lot Dimensions 65X60 Lot Sq Ft 12300 Number Of Parking Spaces 1

    Interior Features

    Air Conditioning Central Air Number Of Stories 3

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 00 Ann Rnt Expense Source Actual Annual Rent For Real Estate 24000 Business Age 1-3 Years Business Name Milwaukee Bubbles Llc Business Type Dry Cleaners/Coin Laundry Corporate Limits Chicago Cost Of Goods Expense Source Actual Cost Of Goods Sold 0 Cost Of Goods Year 0 Current Use Commercial Gross Payroll 00 Gross Payroll Expense Source Actual Gross Payroll Year 0 Gross Profit 98000 Gross Profit Expense Source Actual Gross Profit Year 2018 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 0 Gross Sales Annual 0 Heat Ventilation Forced AirGas Inventory 00 Inventory Expense Source Actual Inventory Year 0 Known Encumbrances None Known Lease Expires 2020-06-09T05:00:00 Living Quarters None Net Operating Income Year 2018 Net Profit 57100 Net Profit Source Actual Possession Closing Potential Use Commercial Property Offered For Sale Only Real Estate Included YN No Tax Year 2017 Taxes 00 Tenant Pays ElectricInsuranceRepairs And MaintenanceWater/SewerOther Total Op Exp Year 2018 Total Op Expense Source Actual Total Operating Expenses 38900 Type Of Lease Gross Lease Type Ownership Business Limited Liability Corp. Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of American Realty & Associates.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2019-05-26T09:51:35.433 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822