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Southport Corridor Commercial Condo with Parking
For Sale
$315,000

1340 W Irving Park Road #1, Chicago, IL 60613

Move-in-ready salon space in Lakeview's Southport Corridor with parking.

Days on Market450

Property Features for 1340 W Irving Park Road #1

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $7,355

Building Details

Year Built 1920
Listing Agency: CB REAL ESTATE LLC
Listed By: CATHRYN BROWNE
Source: Corcoran
Added: May 9, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CB REAL ESTATE LLC

Investment Insights

Based on property information with market context.

Located at the intersection of Southport and Irving Park Road, this commercial condominium in the Southport Corridor is suited for various business ventures, excluding food and beverage. The property is a move-in-ready salon space that has been established for over 22 years. It presents an opportunity to expand an existing beauty or hair business or to re-imagine the space for a new venture. A parking space is included with the sale. Situated in a dense retail and residential area of Lakeview, the commercial condo benefits from foot traffic and ground floor visibility. The current owner, who has operated a successful salon in this location for over 20 years, is open to selling the equipment, which includes 2 shampoo stations, 2 dryers, 1 pedicure station, 1 manicure station, 4 salon chairs, and 1 reception desk. Showings are available by appointment only Monday through Saturday from 11 AM to 5 PM. Do not disturb the tenant.

Key Highlights

  • Prime Southport Corridor location at a lighted intersection with high foot traffic and ground floor visibility.
  • Includes a deeded parking space.
  • Move‑in‑ready commercial condominium suitable for various business ventures.

Property Analytics

Current Use

Image Showcase Hair Salon

Suggested Use

Top Pick Electrical Service Auto Parts Store Nursing Home Home Appliance Store (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,333
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 25% Home Improvements & Furnishings 6% Beauty & Spa 2%
Raising Cane's Chicken Fingers Dining
36,207 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
15,882 visits/mo 0.4 miles
7-Eleven Shops & Services
7,133 visits/mo 0.4 miles
BP Shops & Services
6,740 visits/mo 0.1 miles
Lakeview Ace Hardware Home Improvements & Furnishings
5,267 visits/mo 0.4 miles

Demographics for 60613, IL

53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Move-in-ready salon space in Lakeview's Southport Corridor with parking.
Where is this retail space located?
The property is located at 1340 W Irving Park Road #1 Chicago, IL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Prime Southport Corridor location at a lighted intersection with high foot traffic and ground floor visibility.; Includes a deeded parking space.; Move‑in‑ready commercial condominium suitable for various business ventures.
More about this property
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