$209,000

306 E Fayette Avenue

Effingham IL, 62401

Description

Unique Opportunity to purchase fully operational laundromat + attached home with 2 apartments available for rent. There is also an oversized 27' x 28' detached garage with an upstairs with plenty of rentable storage. This corner property is located on Fayette Ave. with 9700+ vehicles per day going by. Previous owners lived in the house and ran the laundromat. Laundromat currently has contracts with sever large users including seller who would continue to bring their business. This is the only laundromat in town that does over the counter laundry - drop your laundry off and pick up the next day. Also does comforters and other large bulky items. There are auto door locks for locking and unlocking remotely. **laundromat is $1767 sq. ft. - all machines stay *20 dryers *15 washing machines *2 extra large machines *6 large machines; 2 coin machines and 1 laundry soap machine.

Details

MLS#6201583
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1936
Days On Site31

Features

Story(s)1
ZoningB-2

Market Activity 62401

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Area Information

StateIL
CountyEffingham
CityEffingham
Zip Code62401
AreaEffingham
Listing VS Median (in 62401)
Price:
$209,000
low | high
Med:
$169,000
69.138755980861% of Average
On Site:
31
low | high
Med:
434
7.142857142857% of Average
Listing Updated: 06/04/2020
MLS Number: 6201583
Listing Provided By:
Jeffrey Speer  of  RE MAX Key Advantage

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