312-286-0951
1525 N Wells St, Chicago, IL for Rent

$55.00 USD /SF/yr

Retail - For Rent
1/11
6,578 SF | 1 Space

1525 N Wells St
Chicago, IL 60610
Old Town


HIGHLIGHTS

  • Turn Key Restaurant Opportunity in Chicago's Historic Old Town Neighborhood
  • High Foot Traffic Area

OVERVIEW

Located at 1525 N. Wells in the heart of Chicago’s vibrant Old Town neighborhood, this impeccably built, modern bar. This is a rare opportunity. The previous tenant operated with a full suite of licenses, including a corporate liquor license, PPA license, retail food license, and a sidewalk café permit. The space features approximately 6,578 square feet of interior space with an approved occupancy of 239 guests, plus seating for 42 on the sidewalk café. Boasting 50 feet of prime frontage along Wells Street, the property benefits from excellent visibility and heavy foot traffic, complemented by wide sidewalks ideal for outdoor dining. Inside, the main bar and dining area span an impressive 80’6” in depth and 49’8” in width, with 11-foot ceilings creating an open, airy atmosphere. The centerpiece is a striking rectangular bar offering 72 linear feet of service space—perfect for high-volume operations. This is a high-grossing, fully built-out venue in one of Chicago’s most sought-after hospitality corridors, ready for its next operator.

RENTAL DETAILS

SPACE AVAILABLE

6,578 SF

# OF SPACES

1

RENT/MONTH

$30,149 USD /mo

RENT RATE (MO)

$4.58 USD /SF/mo

RENT RATE (YR)

$55.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

6,578 SF

YEAR BUILT

1930

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2959 AC

LAND SF

12,889.404 SF

ZONING

B3-5

ASK ABOUT THIS PROPERTY

David GriecoWestward PropertiesMore Info
312-286-0951

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David GriecoWestward PropertiesMore Info
312-286-0951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.