Penthouse Salon Suite in Loft
For Lease
$1,925/Mo
2251 S Michigan Avenue #325, Chicago, IL 60616
Penthouse-level, fully built-out salon space with skylights, exposed brick and timber beam ceilings, and a private kitchenette area.
Space Size1,050 SF - 2,100 SF
Days on Market99
Property Features for 2251 S Michigan Avenue #325
General Information
Standard status
Active
Size
1,050 SF - 2,100 SF
Net Rentable
1,050 SF
Zoning
OFFIC
Lease Type
/mo
Space & Availability
Available Space
1,050-2,100 SF
Contiguous Space
2,100 SF
Divisible
Yes
Space Use
Salon
Furnished
Yes
Amenities
skylights
exposed brick
timber beam ceilings
hardwood floors
kitchenette
private enclosed suite
elevator
Building Details
Year Built
1913
Stories
3
Construction
timber loft
Listing Agency:
Phenomenal Properties Inc
(773) 507-8322
Listed By:
Portia Hawkins
(773) 507-8322
Source:
Birdrealtysells
Added: May 4
Changed: Aug 8
Last Checked: Aug 9 at 2:03PM
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 Phenomenal Properties Inc
Investment Insights
Based on property information with market context.
Penthouse-level luxury loft salon space in an elevator building, fully built out and ready for beauty and wellness professionals. The interior features abundant natural light from skylights, exposed brick and timber beam ceilings, and dark-finished hardwood floors. The open, flexible layout is currently configured as a full-service salon with shampoo stations and dryer hookups, and it also includes a kitchenette area for added convenience. A private, enclosed suite is within the unit for specialized services or additional privacy.
The space is available as one or two adjacent units of approximately 1,050 square feet each, with Unit 330 also available (MLS #12637227). Units can be combined into a spacious 2,100+ square foot full salon, offering flexibility for a range of user needs. The suite is currently occupied by established beauty professionals under existing booth rental arrangements.
The building was constructed in 1913 and the unit is located at 2251 S Michigan Avenue #325 in Chicago’s South Loop (60616).
The space is available as one or two adjacent units of approximately 1,050 square feet each, with Unit 330 also available (MLS #12637227). Units can be combined into a spacious 2,100+ square foot full salon, offering flexibility for a range of user needs. The suite is currently occupied by established beauty professionals under existing booth rental arrangements.
The building was constructed in 1913 and the unit is located at 2251 S Michigan Avenue #325 in Chicago’s South Loop (60616).
Key Highlights
- Penthouse‑level salon space in an elevator loft‑style building
- Skylights for abundant natural light with exposed brick and timber beam ceilings
- Dark‑finished hardwood floors with open, flexible full‑service salon layout
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,404
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$29.23 /SF/Yr
Avg Asking Price
$22–$44 /SF/Yr
Price Range
2,205 SF
Avg Space Size
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Frequently Asked Questions
What type of property is this?
Spa & wellness property - Penthouse-level, fully built-out salon space with skylights, exposed brick and timber beam ceilings, and a private kitchenette area.
Where is this spa & wellness property located?
The property is located at 2251 S Michigan Avenue #325 Chicago, IL.
What is the lease rate?
The lease rate is $1,925/Mo.
What are key features of this property?
This property features: Penthouse‑level salon space in an elevator loft‑style building; Skylights for abundant natural light with exposed brick and timber beam ceilings; Dark‑finished hardwood floors with open, flexible full‑service salon layout
