490 Louis St Beckemeyer, IL 62219

This exceptional investment property at 490 Louis Street, Beckemeyer, Illinois, presents a rare opportunity to acquire a dual-income generating asset. Situated on a 0.29-acre lot, the property features a thriving coin-operated laundromat and a long-term tenant, the United States Postal Service. The laundromat boasts 19 washing machines of varying sizes, including newer models, and 15 dryers. Supplemental vending machines further enhance revenue streams. An additional room offers versatile potential, suitable for expansion of the existing businesses or as a separate rental space, perhaps a small salon. The postal service occupies a section including a small office, post office boxes, a lobby, and a half-bath. The current lease with the Postal Service extends until 2026, generating a monthly income of $683. The laundromat generates an approximate gross monthly income of $525. This property offers a compelling blend of stable, long-term income from a government tenant and the consistent cash flow of a well-established laundromat. The combined income streams provide a strong foundation for a secure and profitable investment. The property is priced at $155,000. This is an excellent opportunity for investors seeking a diversified and reliable income-producing asset.