Updated 2026 • Population 2,693,976 • 55% Renters • 950 Laundromats
Chicago, IL has approximately 950 laundromats serving a population of 2,693,976 residents. With a 55% renter population and median household income of $62,097, Chicago presents solid demand for laundromat services. Chicago offers strong laundromat fundamentals — high renter density, affordable rent, and growing immigrant communities that drive consistent demand.
Step 1: Score the location — Run the address through CLEANBI Explorer for a 17-factor analysis including demographics, competition, traffic, and revenue projections. Step 2: Analyze the financials — Use the ROI Calculator to model cap rate, cash-on-cash return, and payback period. Step 3: Inspect equipment — Use Equipment Vault to appraise every machine by serial number. Step 4: Check funding — Get matched to SBA, equipment financing, or working capital through our funding partners.
Laundromats for sale in Chicago, IL typically list for $200,000-$500,000. Prices vary based on equipment age, location, lease terms, and revenue. Average annual revenue for mid-size stores is $180,000-$380,000.
Chicago has a 55% renter population and approximately 950 laundromats serving 2,693,976 residents. Chicago offers strong laundromat fundamentals — high renter density, affordable rent, and growing immigrant communities that drive consistent demand.
Key factors for Chicago: lease terms (minimum 10 years remaining), equipment age (under 10 years ideal), utility costs (20-28% of revenue target), neighborhood renter density, parking availability, and competitive proximity. Run every location through CLEANBI’s 17-factor analysis before committing capital.