600 N Wells St - Medical FOR SALE


Chicago, IL 60654- River North
$3,775,000 USD
312-626-7631
600 N Wells St, Chicago, IL for Sale
$3,775,000 USD
Medical - FOR SALE
1/39
null | Request Cap Rate

600 N Wells St
Chicago, IL 60654
River North


HIGHLIGHTS

  • 600 N Wells Street is a 12,000-square-foot mixed-use building in the heart of Chicago's River North, ideal for an owner/user, investor, or developer.
  • Benefit from exceptional signage opportunities with prime frontage along the heavily trafficked intersection of Ohio Street and Wells Street.
  • Possible uses include boutique office, retail, restaurant, personal injury law firms, consulate, nonprofit headquarters, and so much more.
  • Strategically located in a popular neighborhood, River North, with convenience to restaurants, shops, galleries, hotels, and entertainment.
  • Easily accessible via several commuter routes and transit options, including a less than 5-minute walk from the brown and red "L" lines.
  • Real Estate Auction: August 13, 2025 | On-site inspections: Noon to 2 pm on July 11, 22, and 30, August 6, and by appointment.

OVERVIEW

Take advantage of a once-in-a-lifetime opportunity to own an established, mixed-use property at a high-traffic corner in Chicago's River North at 600 N Wells Street. This three-story, 12,000-square-foot building is currently vacant, and although due for a refresh, it is suitable for near-immediate use. Use the building now and plan for a long-term redevelopment down the road for maximum investment capability. The property boasts unwavering potential for a wide range of uses, including boutique office, retail, restaurant, personal injury law firms, consulates, nonprofit headquarters, etc. Situated on a 0.2-acre parcel at the busy Ohio Street/Wells Street intersection, 600 N Wells Street provides 12 on-site parking spots and unmatched visibility, primed for exceptional signage exposure. Many tenants favor this area for its superior transit options, including the purple, brown, and red "L" lines, along with its proximity to Ogilvie Transportation Center, just south of the Chicago River. River North is a budding neighborhood of Chicago, featuring a staggering array of art galleries and a cutting-edge design district, making it a magnet for locals and visitors alike. With a massive assortment of restaurants, bars, and clubs, there is something to cater to every taste. Additionally, the tech sector is well represented in the area and attracts local professionals, with major companies like Google operating regional headquarters in River North. Real Estate Auction: August 13, 2025 On-site inspections: Noon to 2 pm on July 11, 22, and 30, August 6, and by appointment.

FOR SALE DETAILS

PRICE

$3,775,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1893

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

DX-5

APN/PARCEL ID

17-09-230-019-0000

ASK ABOUT THIS PROPERTY

Rick LevinRick Levin & Associates, Inc.More Info
312-626-7631

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Rick LevinRick Levin & Associates, Inc.More Info
312-626-7631

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