3103-3109 N Cicero Ave, Chicago, IL 60641, Chicago, IL 60641 For Sale

Turnkey mixed-use commercial asset featuring a high-performing coin laundry and two stabilized retail tenants located along the high-traffic Cicero Avenue corridor in Chicago. The property spans approximately 8,000 SF on a 12,310 SF lot and includes 19 rear parking spaces—an increasingly rare feature for urban infill assets.

This investment delivers immediate, in-place cash flow with zero stabilization risk. The asset generates $468,600 in annual gross revenue and $290,403 in net SDE, reflecting a strong 62% operating margin.

Income is diversified across three streams: an owner-operated coin laundry (majority income driver) and two retail tenants generating $63,600 annually. No single revenue source exceeds 71%, providing balanced income stability.

Positioned in a dense residential market with limited in-unit laundry access, the business benefits from consistent, recession-resistant demand. This is a rare opportunity to acquire a fully stabilized, essential-service asset with long-term upside through rent growth and operational efficiencies.