The Spin Den Laundromat and Co-Working Cafe

Earn 7.5% Interest as a Legacy Investor for The Spin Den!

INVESTMENT TERMS

Highlights

1
$450k paid in full to acquire 4200 S. King Drive.
2
Brand new roof, 360 masonry repair's have been paid for in full.
3
Architectural permit drawings completed and building permit application has been submitted.
4
General contractor and laundromat equipment vendor have been selected.

Team

Pitch Deck

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Memo

Executive Summary

As an 8 year Bronzeville resident, I identified a significant local gap: the immediate need for an elevated, modern laundry experience. To solve this, I acquired a high-visibility, 5,000-square-foot former dry-cleaning building at 4200 S. King Drive to convert it into a premier community asset.

This project is heavily capitalized, with $649,164 of personal equity already deployed. Phase-one development is complete, covering property acquisition, full structural remediation (roofing, tuckpointing), storefront glass, and all required environmental and permit clearances.

We are seeking $120,000 to close the capital gap for interior renovation. These funds will cover interior finishes and utility hookups for the commercial equipment, moving the project from construction to cash-flowing operations.

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Overview