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    1325 N Wells St Chicago, IL 60610

    For Lease
    Contact for pricing

    Retail space available in newer construction residential apartment building.

    Property size:
    1,721 SF
    Lot size:
    0.09 Acres

    Property Features for 1325 N Wells St

    General Information

    Size
    1,721 SF
    Lot size
    0.09 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Kelly Nickele

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

    Overview

    Retail Space in Residential Building

    This 1,721-square-foot retail space is located at the base of a newer construction, 60-unit residential apartment building. The property benefits from 50 feet of frontage on Wells Street and is surrounded by multiple residential high rises. It is available immediately and is ideal for small coffee, smoothie, and juice concepts, or service-oriented retail such as facial bars or medical spas.
    Location Intelligence

    Current Use by Public Records

    1325 N Wells Apartment Building Abbott Air Duct Air Duct Cleaning Service

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6341236
    Latitude
    41.9065217

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    FAQs

    What type of property is this?
    Retail space - Retail space available in newer construction residential apartment building.
    Where is this retail space located?
    The property is located at 1325 N Wells St Chicago, IL.
    What are key features of this property?
    This property features: - Located at the base of a newer construction 60-unit residential apartment building.; - Boasts 50’ of Wells Street frontage.; - Surrounded by multiple residential high rises.
    (630) 954-7327
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    Chicago, IL 60610
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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
    1325 N Wells St Chicago, IL 60610
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