Storefront For Lease • 6,578 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Retail | 6,578 SF | $55.00 USD/SF/YR | |
|
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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.
| Turn Key Restaurant Opportunity in Chicago's Historic Old Town Neighborhood |
| High Foot Traffic Area |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Lg's Bar | ||
| The Vig | ||
| Wells 1525 LLC |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 4 min | - | 2.1 mi |
| Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 6 min | - | 2.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| Sedgwick Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) | 1 min | 8 min | 0.4 mi |
| Clark/Division Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) | 1 min | 11 min | 0.6 mi |
| North/Clybourn Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) | 2 min | 16 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 27 min | - | 13.2 mi |
| Chicago O'Hare International | 48 min | - | 19.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 5 |
| Type: | Surface |
| Included in Rent: | Yes |