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    401 N Wells St Chicago, IL 60654

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    For Lease
    Contact for pricing

    Retail space for rent in a prime downtown location.

    Property size:
    636 SF
    Lot size:
    0.88 Acres

    Property Features for 401 N Wells St

    General Information

    Size
    636 SF
    Lot size
    0.88 Acres

    Source: Stone Real Estate Corp. Agent John Vance

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

    Overview

    Retail Space Near THE MART

    This 636-square-foot retail space is located at the base of the Kinzie & Wells parking garage, fronting Kinzie Street. The property is situated across from THE MART and the CTA Brown/Purple Line entrances to THE MART. The location benefits from high foot traffic, with more than 20,000 people walking into THE MART on an average weekday.
    Location Intelligence

    Current Use by Public Records

    Mart Parc Wells ... Parking Garage Organic Looms Rug Store Zipcar Car Rental Agency Best Psychic Chicago Psychic 401 N Wells Transportation Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.633937
    Latitude
    41.889194

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    FAQs

    What type of property is this?
    Retail space - Retail space for rent in a prime downtown location.
    Where is this retail space located?
    The property is located at 401 N Wells St Chicago, IL.
    What are key features of this property?
    This property features: - Prime location directly across from THE MART.; - High foot traffic area with over 20,000 people entering THE MART daily.; - Frontage on Kinzie Street.
    (312) 372-6200
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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
    401 N Wells St Chicago, IL 60654
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