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Prime Retail Space in Old Town
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W North Ave & N Wells St Chicago IL 60610 USA, Chicago, IL 60610

Up to 8,415 SF available in a high-traffic location.

Property Size8,415 SF
Days on Market250

Property Features for W North Ave & N Wells St Chicago IL 60610 USA

General Information

Standard status Active
Size 8,415 SF
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Danny Jacobson
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Jul 30 at 3:27AM

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.

Up to 8,415 square feet of divisible retail space is available. The property benefits from 375 on-site parking stalls. Situated along Wells Street, the location is in a densely populated residential neighborhood with an average household income of $140,069 within a half mile. The property is located at the heavily trafficked corner of Wells and North, in the heart of Old Town, and is within walking distance of the CTA Brown/Purple Sedgwick stop. The location benefits from a built-in daytime population due to the presence of Second City, XSport Fitness, a 24/7 Starbucks, and Roots Pizza. Pipers Alley features three of the newest retail tenants in Old Town: AT&T, Bank of America ATM, and Roots Pizza. Roots Pizza has restaurant space at grade with Old Town’s first rooftop bar.

Key Highlights

  • Great location: Heavily trafficked corner at Wells and North in the heart of Old Town.
  • High‑income area: Densely populated residential neighborhood with high average household income ($140,069 within a half mile).
  • Up to 8,415 SF of divisible retail space available.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Garden Center Daycare Center Nursing Home (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

10,250
Businesses Nearby
290k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Superstores 30% Groceries 13% Shops & Services 10%
Target Superstores
88,186 visits/mo 0.5 miles
Jewel-Osco Groceries
38,261 visits/mo 0.4 miles
Fogo de Chao Dining
28,749 visits/mo 0.5 miles
Starbucks Dining
14,037 visits/mo 0.3 miles
Hooters Dining
11,095 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

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Up to 8,415 SF available in a high-traffic location.
Where is this retail space located?
The property is located at W North Ave & N Wells St Chicago IL 60610 USA Chicago, IL.
What are key features of this property?
This property features: Great location: Heavily trafficked corner at Wells and North in the heart of Old Town.; High‑income area: Densely populated residential neighborhood with high average household income ($140,069 within a half mile).; Up to 8,415 SF of divisible retail space available.
More about this property
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