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Established Salon and Wellness Property
For Sale
$700,000

3402 W ELM Street, McHenry, IL 60050

Commercial Sale, McHenry, IL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market48

Property Features for 3402 W ELM Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions ROUTE 120 (KNOWN AS ELM ST.) TO 3402 W. ELM ST IN THE CENTER OF MCHENRY
Subdivision Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
Standard status Active
APN 0926452017
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8815

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Building Details

Year built 1900
Floors in Building 3
Number of units 1
Flooring type Parquet Wood, Vinyl, Varies, Tile
Building materials Wood, Frame
Roof type Composition
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Kevin Dombrowski
Added: Sep 2 Changed: Oct 17 Last Checked: Oct 19 at 5:06AM
MLS# 12749013

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This established salon property at 3402 W Elm Street provides over 3,300 square feet of adaptable commercial space. The ADA-compliant main level is arranged to support more than a dozen professionals, with existing stylists already operating on site. Interior finishes include vinyl, parquet wood, and tile flooring, while central air supports the facility. Natural gas is available, and the building was constructed in 1900 with wood-frame construction and a composition roof.

The property occupies 0.2 acres in McHenry, Illinois, and carries COMMR zoning. Its existing salon configuration can accommodate a range of beauty and wellness services, including hairstyling, barbering, massage, esthetics, lash and brow work, makeup, and nail services, as supported by the current layout and described operations.

Key Highlights

  • Over 3,300 square feet of salon and wellness space
  • ADA‑compliant main level designed for more than a dozen professionals
  • Existing stylists currently operate within the property

Property Analytics

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Current Use

Spa & wellness properties

Suggested Use

Top Pick Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Acupuncture

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

202
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 100%
Meijer Groceries
63,448 visits/mo 0.5 miles

Demographics for 60050, IL

31,854
Population
13,399
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$86,315
Median Household Income
$48,953
Median Earnings
$1,522
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Spa & wellness property - ADA-compliant salon space with existing stylists and room for additional beauty and wellness professionals.
Where is this spa & wellness property located?
The property is located at 3402 W ELM Street McHenry, IL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Over 3,300 square feet of salon and wellness space; ADA‑compliant main level designed for more than a dozen professionals; Existing stylists currently operate within the property
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