Listing provided courtesy of Keller Williams ONEChicagoMREDas Distributed by MLSGrid- MLS# 12261237MLS Provider

4701 N Cumberland Avenue #30Norridge, IL 60706

Commercial · 10,000 Sq. ft.
$149,500 Active

4701 N Cumberland Avenue #30 Overview

Time on Site:
545 days
Visits:
13

Business opportunity alert !!! Fantastic opportunity to own a profitable, modern and stylish salon/spa business for sale in Norridge, IL! This independently owned, salon is home to some of the most talented and hardworking beauty professionals in Illinois. This profitable community staple is ideal for someone who is in the beauty/ medical industry and wants to spread their wings as a successful salon owner. The opportunities in the salon are endless- adding additional retail, services, increased rent or an online presence make this salon an amazing ownership opportunity for any entrepreneur with a growth mindset. Ideal for medical, esthetician, tattoo /permanent makeup professionals , lush artist, etc. The salon is located in a high-end area with plenty of complementary businesses, parking and foot traffic. The owner of the salon is willing to help and provide support during the ownership transition and beyond. The salon is currently operating as a fully licensed Permanent Makeup Academy /Spa with all stations and rooms rented. Included in the salon for sale : * Successful, established salon business & blueprint * All furniture & fixtures * 1997 sq ft * 7 stations * 3 private treatment rooms * 1 bathrooms * Kitchen * Storage * Janitor room * Fixed/ build reception desk. * Large waiting area * Excellent unlimited parking * Fantastic landlord Reason for sale: Owner is retiring.

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4701 N Cumberland Avenue #30 Facts & Features

  • Type Commercial
  • Sq. ft. 10,000
  • Price/Sq.ft. $15

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Operating Expense: 0

Business Information

  • Business Type: Barber/Beauty

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Norridge

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Sewer

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2023

General Information

  • Parcel Number: 99999990000000
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 10000

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Stories: 1

Unit Information

  • Unit SqFt.: 1997
  • Unit Number: 30

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 1000X600
  • Lot Size Square Feet: 600000

Building Exterior/Construction

  • Construction Materials: Block

4701 N Cumberland Avenue #30 Neighborhood

Community

60706 (Norridge) Demographics

44
Median Age
7,710
Population Density (per sq. mile)
37%
College Educated
$74,713
Estimated Median Income
6,662
Estimated Total Home Owners
2,131
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4701 N Cumberland Avenue #30 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4701 N Cumberland Avenue #30 Market Data

Based on the last 30 days in this zip code

$513,303
Average List Price
$317
Average Price per Square Foot
18
Properties Sold
34
Average Days on Market
57
Properties for Sale
Calculations provided by Reliance Network

4701 N Cumberland Avenue #30 History

Date Event Value Agent
5/6/2025Source: MRED Status Change
Active
5/1/2025Source: MRED Price Reduction
$149,500 -25.1%
5/1/2025Source: MRED Status Change
Price Change
1/6/2025Source: MRED Status Change
Active
1/1/2025Source: MRED Added to Database
January 01, 2025