Old Town Retail Space
For Lease
Contact for pricing
1140 North Wells Street, Chicago, IL 60610
Prime retail space in Old Town Park development for lease.
Space SizeContact for details
Days on Market271
Property Features for 1140 North Wells Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Chicago
(312) 935-1901
Listed By:
Danny Jacobson
(312) 935-1901
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 19
Last Checked: Aug 20 at 10:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Chicago
Investment Insights
Based on property information with market context.
This 2,544 square-foot retail space is located within the third residential tower of the Old Town Park development, which features over 1,500 residential units on site. In addition to the residential component, the development includes 70,114 square feet of office space. The property benefits from excellent signage opportunities and dramatic ceiling heights exceeding 13 feet 2 inches. Situated along the heavily trafficked Wells Corridor, at the northwest corner of Wells and Hill, the location provides convenient access to the Gold Coast, River North, Old Town, River West, Wicker Park, and Bucktown neighborhoods. Neighboring retailers include Jewel-Osco, Target, Mariano’s, Plum Market, SoulCycle, Starbucks, Panera, Dick’s Sporting Goods, Happy Camper, and AT&T. The space is suitable for restaurants, fitness centers, service providers, medical offices, and a wide variety of other retail tenants. The space is available immediately. There are two retail spaces remaining; one in Phase 2 and one in Phase 3.
Key Highlights
- Located in the heart of the Old Town neighborhood along the heavily trafficked Wells Corridor.
- Convenient access to multiple North Side neighborhoods.
- Dramatic ceiling heights over 13'-2".
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
8,564
Businesses Nearby
223k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 40%
Dining 26%
Groceries 17%
Shops & Services 9%
Target
Superstores
88,186 visits/mo
0.4 miles
Jewel-Osco
Groceries
38,261 visits/mo
0.2 miles
Starbucks
Dining
14,037 visits/mo
0.4 miles
Pizanos Pizza
Dining
9,491 visits/mo
0.5 miles
Velvet Taco
Dining
7,917 visits/mo
0.4 miles
Demographics for 60610, IL
43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space in Old Town Park development for lease.
Where is this retail space located?
The property is located at 1140 North Wells Street Chicago, IL.
What are key features of this property?
This property features: Located in the heart of the Old Town neighborhood along the heavily trafficked Wells Corridor.; Convenient access to multiple North Side neighborhoods.; Dramatic ceiling heights over 13'-2".
