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3402 W Elm Street McHenry, IL 60050 Commercial - Retail Active

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Description

**Turnkey Beauty Boutique Opportunity in McHenry!** Step into an established salon space offering over 3,300 square feet of versatile, thoughtfully designed space with tremendous room for growth. Boutique is currently home to existing stylists, while still offering significant capacity for additional beauty and wellness professionals-or the opportunity for a larger group to come in and make the space their own. The ADA-compliant main level offers the flexibility to accommodate more than a dozen professionals, with potential uses including hairstylists, barbers, tattoo artists, massage therapists, estheticians, lash and brow artists, makeup artists, nail technicians, and other complementary beauty and wellness services. Designed with an independent-contractor-friendly setup, the space provides an exciting opportunity to build a collaborative beauty boutique where professionals can operate their own businesses under one roof. Whether you're an established salon looking to expand, a group of professionals ready for a new home, or an entrepreneur looking to grow a beauty and wellness concept, the infrastructure and space are already here. A truly unique opportunity to take over a turnkey, established salon environment with existing professionals in place and substantial room to expand, diversify services, and create one of McHenry's premier beauty and wellness destinations.

Property Highlights

Property Type: Commercial - Retail
Building Description: 3.0 stories
Year Built: 1900

General Information

County: McHenry
Listed By:
HomeSmart Connect LLC 847-495-5000
MRED MLS
$700,000
Est. $4,718/mo
New to the Market Active
SQUARE FEET3,300 MLS#12749013
STATUSActive PROPERTY TYPECommercial - Retail

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3402 W Elm Street, McHenry, IL 60050.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $700,000$700,000$700,000
Down Payment $140,000$24,500$175,000
Monthly Mortgage Amount $3,540$4,344$4,395
Taxes $974$974$974
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $4,718$5,830$5,573

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