2632 N Lincoln Avenue
Chicago, IL, 60614 $ 370,000
Baths0.0 Sq 3,900 Monthly Estimate*
$ 2,459
Studio
for $370,000. This 3,900 square foot building was built on a lot size of 0.068297.
Business For sale in the highly sought-after Lincoln Park neighborhood of Chicago! This well-established and renowned Med-Spa Franchise, offering a turn-key opportunity that's not to be missed! Skinovatio Medical Spa, featured prominently in Forbes magazine, stands as the premier destination for top-tier aesthetic services. This remarkable franchise boasts a pre-staffed team of three dedicated employees, complete with a Medical Director MSO, and is part of a rapidly expanding enterprise with a strong presence, encompassing over six locations within the Chicagoland area and four additional ones out of state. This is the epitome of a turn-key business opportunity. Included in this sale are all the essential equipment necessary to run the spa, valued at over $300,000. Skinovatio franchises specialize in a comprehensive array of services that address a multitude of facial concerns, including acne and scars, wrinkles, volume loss, age spots, discoloration, rosacea, and much more. Their expertise extends to injectables such as BOTOX and dermal fillers, as well as cutting-edge treatments like KYBELA, non-invasive facelifts, platelet-rich plasma therapy, and more. Additionally, they offer state-of-the-art options such as laser hair removal, i-Lipo, VelaShape, Mindray ultrasound for precise and safe guided filler injections, Emcyte PRF system for plasma treatments, among others. They also offer wellness treatments such as weight-loss, hormonal replacement, and stem cells. To ensure your success, this sale includes comprehensive training and coaching. Look no further - invest in your future! This particular location has recently undergone significant renovations and features nearly brand-new equipment, all less than one year old. It's worth noting that this business can be effectively operated or managed remotely, providing flexibility and convenience for the owner. The current owner is selling to focus on brand expansion and cannot focus only on this location. Don't miss out on this extraordinary opportunity to own a business thats been open for 7 years - the franchise fee is already included in the sale price!
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FeaturesGeneralCooling Central Air
Possession Negotiable
Zoning COMMR
Tenant Pays Other
Stories 3
Tax Year 2021
Current Use Commercial
Business Type Barber/Beauty Fitness
Business Name SKINOVATIO
County Cook
Operating Expense 616335
Property Type Business Opportunity Bus / Bus w/Real Est
Contingency Attorney/Inspection
Status Contingent
Directions North of W Wrightwood Ave West of N Sheffield Ave South of N Lincoln Ave South east of N Kenmore Ave.
City Chicago
MLS Area CHI - Lincoln Park
Lot Size Square Feet 2975
Street Name Lincoln
Tax Annual Amount 7965
Additional Parcels Y/N N
Virtual Tour https://tour.vht.com/434344392/IDXS
Days on Market 247
Standard Status Active Under Contract
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ExteriorBuilding Area Total 3900
Lot Dimensions 24X115
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* Excluded FeaturesList By@Properties CommercialBroker
dakotanilson@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,459
- Monthly Property Taxes
- $664
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Chicago, IL
Average List Price $847,642
Percent of Sale Price 129%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
1/30/2024 | $370,000 | -7.48% | Price Down |
10/23/2023 | $399,900 | -4.79% | Price Down |
9/5/2023 | $420,000 | | Listed Price |