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Five-Location Retail Salon Suite Portfolio
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2316 Esplanade Dr, Algonquin, IL 60102

Salon suite portfolio spanning five retail locations with a 14-year operating history.

Property SizeContact for details
Days on Market143

Property Features for 2316 Esplanade Dr

General Information

Standard status Active
Property subtype Retail

Building Details

Buildings 5
Listing Agency: Passco Properties
Listed By: Nick Pass · License #MO 2015005301
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:53AM

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 Passco Properties

Investment Insights

Based on property information with market context.

This retail portfolio comprises five salon suite locations operating under the InStyle Salon Suites brand. The business has a 14-year operating history, and the locations have historically maintained 95% occupancy.

The listed property address is 2316 Esplanade Dr in Algonquin, Illinois. The current ownership has managed the locations from out of state, providing a documented example of remote portfolio oversight.

Key Highlights

  • Five salon suite locations included in the portfolio
  • Historically reported 95% occupancy across the locations
  • InStyle Salon Suites brand has a 14‑year operating history

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Catering Service

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

498
Businesses Nearby

Demographics for 60102, IL

31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
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
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Frequently Asked Questions

What type of property is this?
Retail space - Salon suite portfolio spanning five retail locations with a 14-year operating history.
Where is this retail space located?
The property is located at 2316 Esplanade Dr Algonquin, IL.
What are key features of this property?
This property features: Five salon suite locations included in the portfolio; Historically reported 95% occupancy across the locations; InStyle Salon Suites brand has a 14‑year operating history
More about this property
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