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$349,000
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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 also front space which is ready to rent as a office/bossiness space. 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.
Full Property Details
Full Property Details for 107 W John St
General
- Sold For: $349,000
- Taxes: $5,327 (2023)
- Status: Closed
- Type: Business
- Source: MRED
- MLS ID: 12298284
- Added to Site: 361 day(s) ago
Business
- Business Type: Dry Cleaner, Other
- Years in Business: 11 or More
Location
- Area: Plano
- County: Kendall
- Driving Directions: West on Rte. 34 (South Street), Plano to north on South Center Street for one block and west on John Street.
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Partial
- Heating Type: Central Building Heat, Gas, Hot Water
Utilities
- Water: Community Water
- Onsite: Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Block, Wood
- Exterior Const.: Block, Wood
- Stories/Levels: 2
- Square Feet: 5,872
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 7,200
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 60 x 120
- Frontage: City Street
- Potential Use: Commercial, Multi-Family
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $5,327.7
- Tax Year: 2023
- Tenant Pays: Insurance
Disclosures and Reports
- Property ID: 122391003
Listed by Family First Realty
Sold by eXp Realty, LLC
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Schools
Schools serving 107 W John St
School District:Plano Community Unit School District 88
| Name | Grades | Distance |
|---|---|---|
Centennial Elementary School, Plano, IL 800 South West Street, Plano, IL 60545 | 2-3 | 0.5 mi |
P H Miller Elementary School 904 North Lew Street, Plano, IL 60545 | PK-1 | 0.7 mi |
Emily G Johns School 430 Mitchell Drive, Plano, IL 60545 | 4-6 | 1.9 mi |
Plano Middle School 804 South Hale Street, Plano, IL 60545 | 7-8 | 0.5 mi |
Plano High School 704 West Abe Street, Plano, IL 60545 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 W John St
Date
Details
Price
Change
Source
5/20/2025
Sold
$349,000
—
MLS
3/25/2025
Price Reduced
$349,000
-12.53%
MLS
2/25/2025
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
107 W John Street, Plano, IL 60545 (MLS# 12298284) is a Business property that was sold at $349,000 on May 20, 2025. Want to learn more about 107 W John Street? Do you have questions about finding other Business real estate for sale in Plano? You can browse all Plano real estate or contact a Coldwell Banker agent to request more information.

