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Two-Room Hair Salon Space

7337 S South Shore Drive #Salon, Chicago, IL 60649

For Lease
$1,200/Mo

The suite includes separate rooms, a private bathroom, and access from both inside and outside the building.

Space Size703 SF
Days on Market49

Property Features for 7337 S South Shore Drive #Salon

General Information

Standard status Active
Size 703 SF
Net Rentable 703 SF
Property subtype Commercial

Space & Availability

Available Space 703 SF
Contiguous Space 703 SF
Space Use Hair Salon
Available From Immediate

Lease Terms

Lease Rate $1,200 /USD/MO
Monthly Rent $1,200
Rent per SF/Year $20.48

Site & Location

Neighborhood South Shore

Amenities

2 rooms
storage closet
bathroom
interior and exterior building entrance
Central air
Window Unit(s) Cooling

Building Details

Year Built 1964
Tenancy Multi
Listing Agency: COLDWELL BANKER REALTY
Listed By: SANDRA PATTERSON
Source: Corcoran
Added: Sep 23 Changed: Nov 8 Last Checked: Nov 10 at 8:19AM

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 COLDWELL BANKER REALTY

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This approximately 703-square-foot salon suite is configured with two rooms, a storage closet, and a bathroom. It has both an interior entrance and a separate exterior entrance. The space is located within Lake Terrace Condo, a 364-unit property built in 1964.

Key Highlights

  • Approximately 703 square feet configured for salon use
  • Two rooms, a storage closet, and a bathroom
  • Separate interior and exterior entrances

Property Analytics

Current Use

South Shore Travel Travel Agency TAP D.ART Artist Lake Terrace Condominiums Condominium Complex ZCS Concierge Freight Service Riley Jerda M ... Ophthalmologist

Suggested Use

Top Pick Law Firm Building Supply (Bike/Boat/Book/etc) Store Tech Support Center Locksmith Storage Facility

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
2,307 visits/mo 0.4 miles

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.04 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,446 SF
Avg Space Size

This space is priced 18% below the average of $25.04 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Chicago, IL

$25.69 Jul
$27.1 Aug
$26.09 Sep
$24.57 Oct

Properties on Market for Retail space in Chicago

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The suite includes separate rooms, a private bathroom, and access from both inside and outside the building.
Where is this retail space located?
The property is located at 7337 S South Shore Drive #Salon Chicago, IL.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Approximately 703 square feet configured for salon use; Two rooms, a storage closet, and a bathroom; Separate interior and exterior entrances
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Includes: Price & PSF · Cap rate · Location · Zoning

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