Turnkey Salon with Connecting
1703 10th Ave, Fulton, IL 61252
Fully renovated salon on a corner lot with a spacious waiting area, multiple stations, and two connecting suites for flexible use.
Type:Office, Retail
Property size:
2,160 SFPrice / SF:
$108/SF- Added:
- Jun 16, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 7:15 am
Property Features for 1703 10th Ave
General Information
- Standard status
- Active
- Size
- 2,160 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1994
Listing office The Hawkeye Group
Listing date Jun 16, 2026
Source Crexi
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 The Hawkeye Group
HighLights
- Year built 1994
- Fully renovated salon on a corner lot with high visibility from IL Rt. 84
- Salon includes a spacious waiting area
- Features six stylist stations and two wash stations
- Includes a kitchenette and laundry
- Two additional connecting suites for flexible owner‑user or investor income use
Overview
This turnkey salon has been fully renovated and is configured for beauty service operations. Inside, you’ll find a spacious waiting area, six stylist stations, and two wash stations. The unit also includes a kitchenette and laundry, supporting day-to-day workflow. In addition to the main salon space, the property offers two additional connecting suites, giving an owner-operator or buyer room to expand usage within the same building.
The property sits on a corner lot with high visibility from IL Rt. 84, which can help support walk-in traffic and brand presence for retail-oriented service businesses. With a storefront-focused setup and multiple internal suites, it offers a straightforward layout for a single operator or a multi-room configuration.
For an owner-user, the connecting suites provide practical flexibility to add services, lease space, or separate operations while keeping everything under one roof. For investors, the presence of the additional suites can support income diversification compared to a single-suite setup, while still maintaining the convenience of a turnkey, renovated salon environment.
The property sits on a corner lot with high visibility from IL Rt. 84, which can help support walk-in traffic and brand presence for retail-oriented service businesses. With a storefront-focused setup and multiple internal suites, it offers a straightforward layout for a single operator or a multi-room configuration.
For an owner-user, the connecting suites provide practical flexibility to add services, lease space, or separate operations while keeping everything under one roof. For investors, the presence of the additional suites can support income diversification compared to a single-suite setup, while still maintaining the convenience of a turnkey, renovated salon environment.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.5k | $13.20 |
| − Vacancy | −$2.9k | −$1.32 |
| EGI | $25.7k | $11.88 |
| − OpEx | −$7.7k | −$3.56 |
| NOI | $18.0k | $8.32 |
2,160 SF · lease $13.20/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$256.6K
$224.5K – $299.4K
NOI $17,963 @ 7.0% cap · market cap 7.65%
Second Best
Office B
$205.8K
$180.1K – $240.1K
NOI $14,405 @ 7.0% cap · market cap 6.13%
Theoretical Best
Specialty Retail
$404.1K
$353.6K – $471.4K
NOI $28,285 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Vibe Beauty Bar
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Fulton
- County
- Whiteside
- State
- Illinois
- Longitude
- -90.1474314
- Latitude
- 41.8677786
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Fully renovated salon on a corner lot with a spacious waiting area, multiple stations, and two connecting suites for flexible use.
Where is this retail space located?
The property is located at 1703 10th Ave Fulton, IL.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Year built 1994; Fully renovated salon on a corner lot with high visibility from IL Rt. 84; Salon includes a spacious waiting area
