Penthouse Loft Salon
For Lease
$1,925/Mo
2251 S Michigan Avenue #330, Chicago, IL 60616
Flexible beauty and wellness workspace with salon infrastructure, private bath, shower, and kitchenette.
Space Size1,050 SF - 2,100 SF
Days on Market110
Property Features for 2251 S Michigan Avenue #330
General Information
Standard status
Active
Size
1,050 SF - 2,100 SF
Net Rentable
1,050 SF
Zoning
OFFIC
Space & Availability
Available Space
1,050-2,100 SF
Contiguous Space
2,100 SF
Divisible
Yes
Space Use
Salon
Furnished
Yes
Amenities
skylights
private bathroom with shower
kitchenette area
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:
Cavanaghrealty
Added: May 4
Changed: Aug 21
Last Checked: Aug 20 at 1:28PM
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.
Approximately 1,050 square feet on the penthouse level of a 1913 timber loft building, this salon suite combines an open layout with distinctive architectural details. Skylights provide natural illumination, while exposed brick, timber ceiling beams, and dark hardwood flooring reinforce the loft character. The elevator-served building is located at 2251 S Michigan Avenue in Chicago’s South Loop.
Configured for salon use, the space includes shampoo stations, dryer hookups, Italian Milano and Belvedere furnishings, a private bathroom with shower, and a kitchenette. Existing booth rental arrangements with beauty professionals are in place and may be maintained or adjusted. The suite is zoned OFFIC and may also be combined with an adjacent approximately 1,050-square-foot unit for a larger salon configuration.
Configured for salon use, the space includes shampoo stations, dryer hookups, Italian Milano and Belvedere furnishings, a private bathroom with shower, and a kitchenette. Existing booth rental arrangements with beauty professionals are in place and may be maintained or adjusted. The suite is zoned OFFIC and may also be combined with an adjacent approximately 1,050-square-foot unit for a larger salon configuration.
Key Highlights
- Approximately 1,050 SF salon suite at 2251 S Michigan Avenue #330
- Penthouse‑level location in a 1913 elevator‑served timber loft building
- Skylights, exposed brick, timber beam ceilings, and dark‑finished hardwood floors
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,404
Businesses Nearby
140k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Hotels & Casinos 24%
Shops & Services 16%
McDonald's
Dining
37,263 visits/mo
0.5 miles
Marriott Marquis Chicago
Hotels & Casinos
33,862 visits/mo
0.2 miles
White Castle
Dining
23,545 visits/mo
0.2 miles
Pizanos Pizza
Dining
13,973 visits/mo
0.2 miles
Chase Bank
Shops & Services
11,972 visits/mo
0.3 miles
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
$25.85 /SF/Yr
Avg Asking Price
$22–$31.39 /SF/Yr
Price Range
2,437 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Holicare LLC — 2131 S Archer Ave #C, Chicago, IL 60616
- Lax Energy Worx — 2237 S Michigan Ave, Chicago, IL 60616
- Mercy Acupuncture and Massage Center in Chicago — 2215 s wentworth ave, chicago, il 60616
- Gabriel B. Martinez, LAC — 238 W Cermak Rd, Chicago, IL 60616
- A.B.E. Med Spa — 2325 S Michigan Ave, Chicago, IL 60616
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Flexible beauty and wellness workspace with salon infrastructure, private bath, shower, and kitchenette.
Where is this spa & wellness property located?
The property is located at 2251 S Michigan Avenue #330 Chicago, IL.
What is the lease rate?
The lease rate is $1,925/Mo.
What are key features of this property?
This property features: Approximately 1,050 SF salon suite at 2251 S Michigan Avenue #330; Penthouse‑level location in a 1913 elevator‑served timber loft building; Skylights, exposed brick, timber beam ceilings, and dark‑finished hardwood floors
