Turnkey Wellness Spa Asset Sale - Special Use Approved
Asset Sale Includes Existing Buildout, FF&E, and Special Use Approval — Ideal for Med Spa, Wellness
Marketing description
Rare opportunity to acquire a fully built-out wellness spa facility through an asset sale in Chicago's highly sought-after Wicker Park neighborhood. Located near the vibrant Division Street corridor, this 3,000+ square foot space offers a turnkey foundation for a med spa, aesthetics practice, wellness center, massage studio, skincare concept, beauty business, or other health and wellness use.
The facility features a thoughtfully designed layout with multiple treatment rooms, facial rooms, scalp treatment areas, salon stations, reception and waiting areas, administrative space, laundry facilities, and storage. The existing buildout allows a buyer to significantly reduce the time, cost, and complexity associated with launching a new wellness or beauty concept.
Included in the sale is a substantial package of furniture, fixtures, equipment, and signage, including treatment beds, salon stations, shampoo bowls, facial equipment, scalp treatment systems, teeth whitening equipment, security system, digital display signage, waiting room furnishings, and additional operational assets. The combination of existing infrastructure and included equipment provides a strong foundation for a new owner to customize and launch their concept with minimal upfront buildout requirements.
A key differentiator is the property's existing Special Use approval, creating a unique opportunity for operators seeking a location that may accommodate med spa and other wellness-related uses. Buyers can potentially avoid many of the challenges, delays, and expenses associated with securing approvals and constructing a comparable facility from the ground up.
The space operates in a private lower-level setting that is well suited for appointment-based wellness, aesthetic, and beauty services. Occupancy costs are attractive for the area, with rent of only $5,500 per month including utilities and CAM charges.
Whether you're an entrepreneur launching a new concept, an established operator seeking an expansion location, or a healthcare or aesthetics provider looking for a turnkey facility, this asset sale presents an opportunity to acquire a substantial buildout and equipment package in one of Chicago's most desirable neighborhoods.
Investment highlights
• Turnkey Asset Sale – Acquire a fully built-out wellness facility without the time, expense, and uncertainty of designing and constructing a new location from scratch.
• Special Use Approval in Place – Existing Special Use approval creates a rare opportunity for a med spa, aesthetics practice, wellness center, massage therapy studio, beauty concept, or other permitted health and wellness use.
• Prime Wicker Park Location – Situated near the vibrant Division Street corridor, one of Chicago's most desirable neighborhoods known for its strong demographics, dense residential population, restaurants, retail, and entertainment.
• 3,000+ SF Existing Buildout – Functional floorplan includes reception area, waiting area, treatment rooms, facial rooms, scalp treatment stations, salon stations, administrative space, storage, and laundry facilities.
• FF&E Included in Sale – Asset package includes treatment beds, salon stations, shampoo bowls, facial equipment, scalp treatment equipment, teeth whitening machines, security system, digital signage, furnishings, and other operational assets.
• Attractive Lease Economics – Rent of only $5,500 per month includes utilities and CAM charges, providing predictable occupancy costs in a premier Chicago location.
• Accelerated Path to Opening – Significant time savings compared to securing approvals, completing construction, purchasing equipment, and building out a comparable facility.
• Flexible Repositioning Opportunity – Ideal for med spa operators, nurse practitioners, injectors, wellness entrepreneurs, massage therapy groups, skincare brands, beauty operators, or multi-location businesses seeking expansion.
• Private Wellness Environment – Lower-level setting offers privacy and a tranquil atmosphere well-suited for appointment-based wellness, beauty, and aesthetic services.
• Replacement Cost Advantage – Opportunity to acquire an existing buildout and equipment package at a fraction of the cost required to develop a comparable facility in today's construction environment.
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