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1525 N Wells St
Chicago, IL 60610 Old Town

$30,149 USD/MO

Storefront For Lease  •  6,578 SF

Property Details

  • Property Type Storefront
  • Year Built 1930
  • Total Building Size 6,578 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning B3-5
90 Transit Score
90 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 6,578 SF $55.00 USD/SF/YR
  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

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.

Highlights

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

Amenities

  • 24 Hour Access
  • Restaurant
  • Tenant Controlled HVAC
  • Storage Space
  • Smoke Detector

Major Tenants

Tenant SF Occupied Lease End Date
Lg's Bar
The Vig
Wells 1525 LLC

Public Transportation

Commuter RailDriveWalkDistance
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/SubwayDriveWalkDistance
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
AirportDriveWalkDistance
Chicago Midway International 27 min - 13.2 mi
Chicago O'Hare International 48 min - 19.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
David Grieco 312-286-0951 Westward Properties
David Grieco 312-286-0951 Westward Properties