Averaged across mapped laundromat parcels in Chicago. Sources: WashBizHub location index, CLEANBI enrichment layer (U.S. Census ACS, Walk Score, parcel-level POI counts).
Neighborhood Demographics
Competitor Density vs IL Avg
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Renter density and population density are the two strongest CLEANBI signals for laundromat revenue. Both are pulled from the most recent U.S. Census ACS release.
Chicago Laundromat Market Overview
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.
Best Neighborhoods for a Laundromat in Chicago
Logan Square — Score this address with CLEANBI to see demographics and competition
Humboldt Park — Score this address with CLEANBI to see demographics and competition
Pilsen — Score this address with CLEANBI to see demographics and competition
Austin — Score this address with CLEANBI to see demographics and competition
Chatham — Score this address with CLEANBI to see demographics and competition
How to Evaluate a Chicago Laundromat Before Buying
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.
FAQs: Buying a Laundromat in Chicago
How much does a laundromat cost in Chicago?
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.
Is Chicago a good market for buying a laundromat?
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.
What should I look for when buying a laundromat in Chicago?
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.
How many laundromats are for sale in Chicago, IL right now?
There are no active for-sale listings in Chicago on WashBizHub right now. Set a free Deal Alert and we'll email you the moment a new listing matches your buy box.
What's the average CLEANBI score for Chicago laundromats on the market?
We don't have enough CLEANBI-scored listings in Chicago yet to publish an average. You can still score any specific address yourself with CLEANBI Explorer in under 60 seconds.
What does a laundromat cost per square foot in Chicago?
We don't have enough square-footage data on Chicago listings to publish a median yet. Use the Valuation Calculator to model any specific deal once you have the listing details.
Is Chicago a competitive market for laundromat buyers?
Run any specific Chicago address through CLEANBI Explorer to see competition, demographics, and a 17-factor location score in under 60 seconds.
By Nick Kremers — Founder, WashBizHub. Third-generation laundromat operator. Reviewed by the WashBizHub editorial team.