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2251 S Michigan Ave Unit 325 , Chicago, IL 60616
$1,925
Est. Payment: $10.51/mo
Status: active | Days on site: 97
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87027 - 107271
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House Description

Luxury loft salon space in a prime South Loop location, fully built-out and income-ready! This rare opportunity is located on the penthouse level of a prestigious timber loft-style, elevator building and offers a refined, design-forward environment ideal for beauty and wellness professionals. This space features abundant natural light from elegant skylights, exposed brick and timber beam ceilings, and dark-finished hardwood floors that create an authentic loft aesthetic. The open and flexible layout is currently configured as a full-service salon with shampoo stations, dryer hookups, and high-end Italian Milano and Belvedere furnishings included, delivering a polished, upscale presentation. This suite also includes a kitchenette area for added convenience private, enclosed suite within the unit (ideal for specialized services or additional privacy). Currently occupied by established beauty professionals, the space offers immediate income potential through existing booth rental arrangements, which can be maintained or reconfigured to suit a new owner's business model. Available as one or two adjacent units of approximately 1,050 square feet each (Unit 330 also available - MLS #12637227) or combined into a spacious 2,100+ square foot full salon, this offering provides flexibility for a range of users. Ideal for independent stylists, salon owners, or beauty and wellness entrepreneurs seeking to elevate their environment in one of Chicago's most desirable neighborhoods. Serious inquiries only.

Highlights

Listed by Portia Hawkins , 773-507-8322 Phenomenal Properties Inc , 773-507-8322. Midwest Real Estate Data mls logo

Property Type

Commercial Lease

Year Built

1913

County

Cook

Area

CHI - Near South Side

Listing ID

12637958

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Wood

Exterior Features

Zoning:OFFIC
Principal Interest
$11
Taxes
$1

Home Price

$1,925

Loan Details

30 yrs
7.25%

Down Payment

20%
$385
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $10.51 $1.23 $0.00 $11.73
Yearly $126.07 $14.73 $0.00 $140.79
Total $3,781.99 $441.79 $0.00 $4,223.77
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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