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Turnkey Salon Storefront Opportunity
For Sale
$109,000

1723 Grand Avenue, Galesburg, IL 61401

Corner storefront with salon buildout, easy customer access, and roof estimated at about eight years old.

Property Size720 SF
Price / SF$151.39
Days on Market373

Property Features for 1723 Grand Avenue

General Information

Standard status Active
Size 720 SF
Total Parking Spaces 8
Property subtype Commercial
Zoning B2

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,492

Building Details

Building Size 720 SF
Year Built 1988
Listing Agency: RE/MAX Preferred Properties
Listed By: Christine Pepmeyer · License #75081081
Source: Shawneehillsrealestate
Added: Aug 13, 2025 Changed: Aug 8 Last Checked: Aug 20 at 2:19PM

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 RE/MAX Preferred Properties

Investment Insights

Based on property information with market context.

This attractive corner storefront is set up for salon use and offers a practical interior layout with an 8.6x21 reception room with a seating area and a nail table nook. The salon area measures 23x14 and includes space designed for client services. Additional improvements include a 6x4.5 storage closet with washing machine hook ups and a separate 7.8x5 room that can serve as work space or additional storage. The seller is leaving several items used for services, including shampoo bowls, hydraulic chairs, hair dryers, a pedicure bench, foot bath, nail table, and reception room chairs. Main level access is convenient for customers, and the roof is approximately eight years old.

The building sits on the corner of Grand Avenue and Knox Street, supporting visibility and straightforward arrival for retail or service clients.

With B2 zoning status, the space can also support a range of other small business uses such as a bakery, florist, personal office, tanning salon, boutique, or a coffee corner, among others. This combination of a ready-to-operate salon buildout and flexible zoning may appeal to an owner-operator looking for an easy, customer-facing setup, or a buyer seeking a storefront that can be adapted to another service or retail concept within the allowable B2 uses.

Key Highlights

  • Corner storefront on Grand Avenue & Knox Street, operating as Looking Glass Hair Salon since 1991
  • Salon buildout includes 23x14 salon area plus an 8.6x21 reception room with seating area and nail table nook
  • Includes 6x4.5 storage closet with washing machine hook‑up and a separate 7.8x5 room for work space or additional storage

Property Analytics

Current Use

Looking Glass Hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Spa & Massage Center Auto Parts Store

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 62% Shops & Services 27% Dining 12%
Hy-Vee Groceries
28,053 visits/mo 0.4 miles
Phillips 66 Shops & Services
9,651 visits/mo 0.5 miles
KFC Dining
5,454 visits/mo 0.4 miles
Shell Shops & Services
2,442 visits/mo 0.3 miles

Demographics for 61401, IL

31,169
Population
15,449
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
122.9 sq mi
ZIP Area
254
Density / Sq Mi
$47,728
Median Household Income
$30,501
Median Earnings
$724
Median Rent
$94,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Corner storefront with salon buildout, easy customer access, and roof estimated at about eight years old.
Where is this storefront property located?
The property is located at 1723 Grand Avenue Galesburg, IL.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: Corner storefront on Grand Avenue & Knox Street, operating as Looking Glass Hair Salon since 1991; Salon buildout includes 23x14 salon area plus an 8.6x21 reception room with seating area and nail table nook; Includes 6x4.5 storage closet with washing machine hook‑up and a separate 7.8x5 room for work space or additional storage
More about this property
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