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Remodeled Spa & Wellness Condo
For Sale
Contact for pricing
Pending

351 W Chicago Ave, Chicago, IL 60654

Multi-level commercial condo with treatment rooms, two bathrooms, and a dedicated lower-level support area.

Property Size2,500 SF
Days on Market144

Property Features for 351 W Chicago Ave

General Information

Standard status Pending
Size 2,500 SF
Total Parking Spaces 1
Property subtype Retail

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Floor Main, Lower

Amenities

Step to L Train

Building Details

Tenancy Single
Listing Agency: @properties Commercial
Listed By: Ian Feinerman · License #475.124617
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:12AM

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 @properties Commercial

Investment Insights

Based on property information with market context.

This 2500-square-foot commercial condominium spans multiple levels and is configured for spa and salon operations. The main level includes several rooms, a customer waiting area, and a bathroom, while the lower level provides open workspace, a break room, a second bathroom, and storage. The property has been newly remodeled and includes one parking space.

A new tenant is in place, and the condo is positioned in Chicago’s River North area with convenient access to the L train and the Ohio feeder ramp. Its existing room layout and support spaces accommodate the current med-spa and salon services use.

Key Highlights

  • 2500 Sq Ft multi‑level commercial condo
  • Current med‑spa/salon services configuration with multiple rooms
  • Main level includes waiting area and bathroom

Property Analytics

Current Use

tacee Medical Clinic O Spa Hair Salon Hotel Hotel & Motel Best Permanent Makeup ... Medical Clinic Empyreal Touch Alternative Medicine Practice

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility HVAC 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.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

21,820
Businesses Nearby
428k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 51% Apparel 32% Hotels & Casinos 11% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.4 miles
Starbucks Dining
132,317 visits/mo 0.3 miles
McDonald's Dining
52,443 visits/mo 0.4 miles
Sheraton Grand Chicago Riverwalk Hotels & Casinos
28,646 visits/mo 0.4 miles
Chase Bank Shops & Services
23,889 visits/mo 0.3 miles

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Multi-level commercial condo with treatment rooms, two bathrooms, and a dedicated lower-level support area.
Where is this spa & wellness property located?
The property is located at 351 W Chicago Ave Chicago, IL.
What are key features of this property?
This property features: 2500 Sq Ft multi‑level commercial condo; Current med‑spa/salon services configuration with multiple rooms; Main level includes waiting area and bathroom
(312) 506-0200 Call to check price and availability
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