Address
107 W John Street, Plano, IL
Price
$ 690,000
Property Attributes
  • MLS#11971786
  • TypeCommercial
  • CountyKENDALL
  • CityPlano
  • AreaPlano
  • Zip60545
  • StyleCommercial
  • Year Built1950
  • Taxes$ 5450
  • Price$ 690,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5872
  • Lot Size7,200 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Looking for a perfect business opportunity and a smart, long-term investment? This established laundromat with three residential apartments, located in the downtown of the City Plano, within walking distance of business, shopping, and restaurants is your lucky buy! The laundromat is located on the first level and consists mostly of the newer, high quality, commercial machines. There are three apartments on the second level, two of which are two bedroom and one of which is one bedroom. The laundromat is fully operational with vending machines (equipment worth approximately 100k) and all three apartment are fully rented. The sale comes with the business, equipment, name, and apartments. A lot of parking space is available at the front and at the back of the building. There is front space which is also possible to rent. Currently it is used for storage but it used to be a beauty salon so it could be used for any other business. Additionally, approximately 800 sq units are available at the back of the main floor. It needs some finishing but could be separate rented for commercial purposes. Please call the listing broker with any questions.

Price History
2/3/2024 Listed $690,000

General Features

Cooling Partial
Utilities Gas to Site,Sanitary Sewer,Water-Community,Water to Site
Possession Closing
Zoning COMMR
Construction Materials Block,Wood Frame
Year Built 1950
Electric Service - 201 to 600 Amps
Tenant Pays Insurance
Stories 2
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial
County Kendall
Property Type Commercial Sale
Possible Use Commercial,Multi-Family
Status Active
Directions West on Rte. 34 (South Street),Plano to north on South Center Street for one block and west on John Street.
City Plano
Total Units 6
MLS Area Plano
Lot Size Square Feet 7200
Street Name John
Tax Annual Amount 5450.77
Additional Parcels Y/N No
Days on Market 7
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 5872
Lot Dimensions 60 X 120
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60545

Price
AVG $140K
$690K
Taxes
AVG $14,812
$5,450
Visits
AVG 165
37
Data Provided by Inside Real Estate®
Year Built
AVG 1989
1950

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