1252 N Wells St - Storefront Retail/Residential FOR SALE
Chicago, IL 60610 |
1252 N Wells St
Chicago, IL 60610
HIGHLIGHTS
- Fully stabilized with newly signed 10-year NNN lease with Uproar Hospitality on the property’s ground, Mezzanine and 2nd floors.
- Building maximizes frontage and accessibility to outdoor space with operable storefronts and outdoor terrace.
- Tenant (Uproar Hospitality) funded a heavy capital investment into the space.
- Mixed-use elevator building with leased residential unit on the top floor.
- Highly desirable Wells Street location in the heart of Old Town surrounded by an abundance of new residential development projects.
- Across the street from the new Dom’s Kitchen & Market and Easily accessible to Red Line Clark/Division and Brown Line Sedgwick CTA Stations.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Highly Visible, Fully Stabilized Mixed-Use
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
9670
STORIES
3
YEAR BUILT
1991
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
17-04-219-058-0000
