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    1350 N Wells St Chicago, IL 60654

    For Lease
    Contact for pricing

    Premier Old Town mixed-use property with planned renovations.

    Property size:
    5,631 SF
    Lot size:
    3.17 Acres

    Property Features for 1350 N Wells St

    General Information

    Size
    5,631 SF
    Lot size
    3.17 Acres

    Source: Canvas Real Estate Agent Andrew Becker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cobbler Square Retail Opportunity

    Cobbler Square is a commercial development located in Old Town. The mixed-use property, originally the Dr. Scholl’s shoe factory, combines industrial design with modern elements. The property, totaling 5631 square feet, was recently acquired by a real estate development firm with plans to renovate and reimagine the entire property.
    Location Intelligence

    Current Use by Public Records

    Pure Barre Gym Cobbler Square Lofts Apartment Building New Image Works ... Medical Spa New Image Works Medical Spa Insomnia Cookies Cookie Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Keycafe, Keycafe, Estacion, Coin Cloud Bitcoin ATM, LibertyX Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.634927
    Latitude
    41.9071464

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    FAQs

    What type of property is this?
    Shopping center - Premier Old Town mixed-use property with planned renovations.
    Where is this shopping center located?
    The property is located at 1350 N Wells St Chicago, IL.
    What are key features of this property?
    This property features: - Premier commercial development in Old Town.; - Mixed-use property blending industrial charm with modern design.; - Property was recently acquired by JDL, a premier real estate development firm in Chicago.
    (312) 231-2600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1350 N Wells St Chicago, IL 60654
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