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Spa Building with Rooftop Deck

5927 N Milwaukee Avenue, Chicago, IL 60646

For Sale
$1,299,999

Treatment areas include shower and scrub rooms, a spray-tan room, and manicure and pedicure stations.

Property Size3,000 SF
Price / SF$433.33
Days on Market99

Property Features for 5927 N Milwaukee Avenue

General Information

Standard status Active
Size 3,000 SF
Property subtype COMMERCIAL

Site & Location

Neighborhood North Side

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,635

Amenities

high ceilings
multiple shower rooms
scrub rooms
spray tan room
mani/pedi stations
full kitchen
rooftop deck
washer/dryer hookup

Building Details

Building Size 3,000 SF
Buildings 1
Stories 3
Listing Agency: xr realty
Listed By: Shameran Elia
Source: Wenzelselectproperties
Added: Aug 3 Changed: Nov 8 Last Checked: Nov 8 at 4:37PM

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 xr realty

Rey
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Investment Insights

Based on property information with market context.

The sale includes the spa business and its three-story building at 5927 N Milwaukee Avenue in Chicago. Interior amenities include high ceilings, multiple shower and scrub rooms, a spray-tan room, manicure and pedicure stations, and a full kitchen. A rooftop deck adds outdoor space for clients or gatherings.

Building systems include a new roof, two furnaces, a 150-gallon water heater, and three sump pumps. Washer and dryer hookups are present, and a 2.5-car garage provides parking or storage.

Key Highlights

  • Three‑story spa building with a rooftop deck
  • Sale includes both the business and real estate
  • Multiple shower and scrub rooms, plus a spray‑tan room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Thee European Spa Spa & Massage Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Acupuncture Garden Center Computer & Electronic Repair 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,218
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60646, IL

28,383
Population
11,636
Households
2.4
Avg Household Size
44
Median Age
58%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
6,451
Density / Sq Mi
$111,115
Median Household Income
$66,105
Median Earnings
$1,241
Median Rent
$493,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Spa & wellness properties in Chicago, IL

$714 Jul
$259 Aug
$243 Sep
$241 Oct

Properties on Market for Spa & wellness properties in Chicago

Jul
Aug
Sep
Oct

Similar Off Market Nearby

  • Chicago Community Acupuncture — 6350 N Milwaukee Ave, Chicago, IL 60646

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Treatment areas include shower and scrub rooms, a spray-tan room, and manicure and pedicure stations.
Where is this spa & wellness property located?
The property is located at 5927 N Milwaukee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Three‑story spa building with a rooftop deck; Sale includes both the business and real estate; Multiple shower and scrub rooms, plus a spray‑tan room
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