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157 S Tyler Road

St. Charles, IL 60174
  • $2,750,000
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: 11420580
UPDATED: 66 min ago
$2,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2018
County:

School Ratings & Info

Description

Fiore Salon Suites are one of the best located and best maintained properties in St. Charles, where an affluent and prosperous community lives and works. The property offers a roughly 5,800 square foot, 19 unit salon suite located on a beautiful and well-maintained parcel that totals 1/2 acre in size. The property was built in 2018 and boasts top end finishes and systems. These gorgeous salon suites are fully leased to 27 beauty and salon professionals. Fiore Salon Suites boasts two processing lounges, laundry facilities, a full kitchen, and a lounge. Parking consists of 39 total spaces, with access to an additional 55 spaces in the parcel to the West. The property entrance has a beautiful dual entry cement walkway. The foyer has a seated lounge that enters into the luxury salon suites with both exterior and interior suites. Exterior suites feature large operable windows (a hard-to-find feature and coveted amenity for salon owners). An unfinished basement presents additional growth opportunities. "The global Spas and Beauty Salons Market was estimated at USD 144.48 Billion in 2019 and is expected to reach USD 217.25 Billion by 2026. The global Spas and Beauty Salons Market is expected to grow at a compound annual growth rate (CAGR) of 6% from 2019 to 2026." Salon ownership is an ever-growing sector of the beauty market and demand for suites are at an all-time high. Source: "Spas and Beauty Salons Market By Type (Spas and Beauty Salons), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026".

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© 2023 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-28T19:57:24.973 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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157 S Tyler Road St. Charles, IL 60174

  • Price: $2,750,000
  • Status: Active
  • On Site: 240 Days
  • Updated: 66 min ago
  • MLS #: 11420580
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2018
Built
Neighborhood:
Campton Hills / St. Charles
County:
Kane
Area:
Campton Hills / St. Charles
Property Description
Fiore Salon Suites are one of the best located and best maintained properties in St. Charles, where an affluent and prosperous community lives and works. The property offers a roughly 5,800 square foot, 19 unit salon suite located on a beautiful and well-maintained parcel that totals 1/2 acre in size. The property was built in 2018 and boasts top end finishes and systems. These gorgeous salon suites are fully leased to 27 beauty and salon professionals. Fiore Salon Suites boasts two processing lounges, laundry facilities, a full kitchen, and a lounge. Parking consists of 39 total spaces, with access to an additional 55 spaces in the parcel to the West. The property entrance has a beautiful dual entry cement walkway. The foyer has a seated lounge that enters into the luxury salon suites with both exterior and interior suites. Exterior suites feature large operable windows (a hard-to-find feature and coveted amenity for salon owners). An unfinished basement presents additional growth opportunities. "The global Spas and Beauty Salons Market was estimated at USD 144.48 Billion in 2019 and is expected to reach USD 217.25 Billion by 2026. The global Spas and Beauty Salons Market is expected to grow at a compound annual growth rate (CAGR) of 6% from 2019 to 2026." Salon ownership is an ever-growing sector of the beauty market and demand for suites are at an all-time high. Source: "Spas and Beauty Salons Market By Type (Spas and Beauty Salons), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026".
Exterior Features

Foundation Details Concrete Perimeter Frontage Type Private Road Outdoor Parking 31-50 Spaces Parking Total 38

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv ControlsForced Air Miscellaneous Inside Common Lunchroom/SMulti-TenantPublic Restroom/SBasement Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 5800 Current Use CommercialOther Electric Service - 201 To 600 Amps Fire Protection Alarm MonitoredFire Extinguisher/SSmoke Or Fire ProtectorsSprinklers-DrySprinklers-Wet Gross Income 294480 Leasable Area 5800 Location Mixed Use Area Mls Actual Status Active Net Operating Income 285646 Number Of Tenants 27 Property Offered For Sale Only Property Sub Type Free Standing Store Tax Annual Amount 21217 Tax Year 2021 Tenant Pays Other Township St. Charles Type Retail/Stores Zoning Rtail

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Inspire - Geneva: 630-262-9500.


© 2023 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-28T19:57:24.973 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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