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Second-Generation Restaurant with Patio
For Sale
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1143 N Wells St, Chicago, IL 60610

Open kitchen, ADA restrooms, and dedicated prep and dishwashing areas support restaurant operations.

Property Size1,650 SF
Days on Market145

Property Features for 1143 N Wells St

General Information

Standard status Active
Size 1,650 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Restaurant

Seating Capacity 22
Commercial Hood Yes
Grease Trap Yes
Patio Yes

Amenities

Security System
Listing Agency: @properties Commercial Chicago
Listed By: Dylan Carrigan · License #IL 475182088
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:02AM

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 @properties Commercial Chicago

Investment Insights

Based on property information with market context.

This 1,650 SF second-generation restaurant at 1143 N Wells Street includes an open-concept dining and service area, walk-up counter, cooking hood, two ADA bathrooms, and seating for 22. A separate first-level work area provides food preparation, dishwashing, and dry storage, with a newer grease trap and three-compartment sink. The kitchen is equipped with a black-iron hood and Ansul system, while updated mechanicals, a security system, and 200-amp electrical service are also in place. More than 40 feet of windows face the outdoor dining area, and the property carries retail food and patio licenses.

The restaurant is positioned on Wells Street just south of Division in an area described as surrounded by dense residential buildings and active pedestrian traffic. Transportation access includes the Division Blue Line station 0.5 miles away, nearby bus stops, Divvy stations, and convenient expressway access. Surrounding tenants include Dom's Kitchen and Market, Starbucks, Aldi, Banfield Pet Hospital, and other dining and retail businesses.

Key Highlights

  • 1,650 SF second‑generation restaurant at 1143 N Wells Street
  • More than 40 feet of windows facing the outdoor dining area
  • Seating for 22 with open‑concept dining and walk‑up counter

Property Analytics

Current Use

Fire Bowl Hibachi Restaurant Cafe La Sera Take-out & Catering Can't Believe It's ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Auto Parts Store Butcher Nursing Home Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

13,246
Businesses Nearby
204k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Groceries 19% Shops & Services 10% Apparel 9%
McDonald's Dining
52,443 visits/mo 0.5 miles
Jewel-Osco Groceries
38,261 visits/mo 0.4 miles
Starbucks Dining
14,037 visits/mo 0.5 miles
Pizanos Pizza Dining
9,491 visits/mo 0.4 miles
Velvet Taco Dining
7,917 visits/mo 0.2 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

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Open kitchen, ADA restrooms, and dedicated prep and dishwashing areas support restaurant operations.
Where is this conventional restaurant located?
The property is located at 1143 N Wells St Chicago, IL.
What are key features of this property?
This property features: 1,650 SF second‑generation restaurant at 1143 N Wells Street; More than 40 feet of windows facing the outdoor dining area; Seating for 22 with open‑concept dining and walk‑up counter
(312) 506-0200 Call to check price and availability
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