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Operating Wellness Property with Restaurant
For Sale
Contact for pricing

3500 North Cicero, Chicago, IL 60641

Established sauna and dining operation offered with its underlying real estate and on-site parking.

Property SizeContact for details
Days on Market145

Property Features for 3500 North Cicero

General Information

Standard status Active
Total Parking Spaces 40
Property subtype Retail

Additional Details

Business Included Yes
Listing Agency: SVN | Chicago Commercial
Listed By: Tim Rasmussen · License #IL 471001877
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 12:00AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This operating spa and wellness property combines an old-world sauna with a restaurant and is offered together with the underlying real estate. The business generates revenue through entry fees, liquor sales, and food sales, creating several established operating components within one facility. The property has been meticulously maintained and includes on-site parking for approximately 40 cars.

Located at 3500 North Cicero in Chicago, the facility serves a substantial surrounding market, with more than 2.7 million people within a 15-minute drive time. The seller is willing to provide post-closing training, supporting continuity for a new owner taking over the operating business.

Key Highlights

  • Operating sauna and restaurant business offered with the underlying real estate
  • Revenue sources include entry fees, liquor sales, and food sales
  • On‑site parking for Approximately 40 Cars

Property Analytics

Current Use

Chicago Sweatlodge Gym & Fitness Center

Suggested Use

Top Pick Acupuncture (Bike/Boat/Book/etc) Store Nursing Home Law Firm Bed & Breakfast Hotel & Motel

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

1,276
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • Wildlight Yoga 4041 N Milwaukee Ave #301, Chicago, IL 60641

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Established sauna and dining operation offered with its underlying real estate and on-site parking.
Where is this spa & wellness property located?
The property is located at 3500 North Cicero Chicago, IL.
What are key features of this property?
This property features: Operating sauna and restaurant business offered with the underlying real estate; Revenue sources include entry fees, liquor sales, and food sales; On‑site parking for Approximately 40 Cars
(312) 756-7357 Call to check price and availability
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