949 Irving Park Rd, Streamwood, IL 60107
This exceptional turnkey beauty business opportunity is located in the vibrant Sutton Park Shopping Center in Streamwood, Illinois. Boasting 1,800 square feet of beautifully appointed space, this established spa features a modern build-out completed in 2008 with recent improvements totaling $22,000. The total investment in the business, including equipment and inventory, is valued at $158,000. The asking price is $99,000. The space includes a spacious front area with a reception desk, multiple hair stations, a makeup area with three shampoo stations and three hair drying stations, a massage room equipped with a high-end massage table and facial equipment, a laundry area, a bathroom, and ample storage. High-end features include custom flooring, lighting fixtures, and a security system. The business enjoys high visibility, situated next to a Target and Marshalls, benefiting from a daily traffic count of 34,000 cars. With an 11-year history at this location, the business boasts a database of approximately 10,000 customers and generates a current average gross monthly revenue of $12,000-$18,000. The current lease extends until September 2024. The business currently operates with three employees (owner, one part-time, and one full-time). Operating hours are 11 AM to 8 PM Monday through Friday, and 9 AM to 5 PM on Saturdays and Sundays. Ample parking is available. The sale includes all equipment and inventory. Buyer is subject to owner approval for lease assumption or a new lease.
-
Lavish Beauty Bar Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.