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Executive Summary
Fantastic Business Opportunity: Established Dry-Cleaning Business with Free-Standing Building. Take advantage of this rare opportunity to own a thriving, long-established dry-cleaning business situated on a high-visibility corner in West Chicago with strong foot traffic. Building Size: 12,100 SF, Land Size: 22,004 SF, Parking: 25-car private lot. The sale includes the business, all trade fixtures, and equipment, offering a true turnkey investment. The property has been recently enhanced with new front and exterior painting, adding to its strong curb appeal. Established in 1947, this highly profitable business has been owner-operated for over 16 years and enjoys a loyal customer base and solid reputation in the community. Don't miss this exceptional income-generating opportunity!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
12,100 SF
Building Class
C
Year Built/Renovated
1955/2000
Price
$1,259,900
Price Per SF
$104.12
Cap Rate
25%
NOI
$314,975
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
C-1 - District for neighborhood commercial areas that are intended to serve the needs of nearby residents
Amenities
- Corner Lot
- Fenced Lot
- Storage Space
Walk Score®
Very Walkable (78)
Transit Score®
Excellent Transit (71)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $133,354 | |
| Land Assessment | $71,095 | Total Assessment | $204,449 |
Property Taxes
Parcel Numbers
Land Assessment
$71,095
Improvements Assessment
$133,354
Total Assessment
$204,449
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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4948 W Madison St
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