Ground-Floor Restaurant
New
For Lease
Contact for pricing
120 N Wells Street, Chicago, IL 60606
Second-generation space includes dual service lines, dedicated hoods, and a substantial back-of-house kitchen.
Space Size3,316 SF
Property Size225,200 SF
Days on Market7
Property Features for 120 N Wells Street
General Information
Standard status
Active
Size
3,316 SF
Net Rentable
3,316 SF
Property subtype
Retail
Space & Availability
Available Space
3,316 SF
Contiguous Space
3,316 SF
Floor
Ground
Space Use
Restaurant
Additional Details
Anchor Co-Tenants
Potbelly, Bombay Eats, Originals Unisex Hair Designer
Commercial Hood
Yes
Amenities
large kitchen
two ordering and service lines with hoods
Building Details
Building Size
225,200 SF
Year Built
1922
Tenancy
Multi
Spaces For Lease
at 120 N Wells Street Contact us- Size
- 3,316 SF
- Term
- Negotiable
- Rate
- Contact for pricing
120 N Wells Street
Listing Agency:
Frontline Real Estate Partners
(847) 542-9058
Listed By:
Matthew Tarshis · License #475156642
(847) 542-9058
Source:
Frontlinerepartners
Added: Aug 26
Changed: Aug 31
Last Checked: Aug 31 at 1:51PM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This 3,316-square-foot, ground-floor restaurant storefront occupies the base of a Loop office building at 120 N. Wells Street. The second-generation layout includes a large kitchen, two distinct ordering and service lines, and a sizable back-of-house preparation area. Each service line is paired with its own hood, supporting operational separation and flexibility for food-service concepts. The space was formerly occupied by Jersey Mike’s.
The property sits just south of Wells/Randolph Street, approximately one block west of the future Google Chicago Headquarters, scheduled for 2027. It is positioned near the Thompson Center and Chase Tower, with extensive CTA service and nearby office, civic, and commuter activity. Co-tenants include Potbelly, Bombay Eats, and Originals Unisex Hair Designer. Surrounding retailers and restaurants include Whole Foods, Trader Joe’s, Starbucks, Dunkin’, Chipotle, Qdoba, Bavette’s, Gibson’s Italia, Beatrix, and Goddess and the Baker.
The property sits just south of Wells/Randolph Street, approximately one block west of the future Google Chicago Headquarters, scheduled for 2027. It is positioned near the Thompson Center and Chase Tower, with extensive CTA service and nearby office, civic, and commuter activity. Co-tenants include Potbelly, Bombay Eats, and Originals Unisex Hair Designer. Surrounding retailers and restaurants include Whole Foods, Trader Joe’s, Starbucks, Dunkin’, Chipotle, Qdoba, Bavette’s, Gibson’s Italia, Beatrix, and Goddess and the Baker.
Key Highlights
- 3,316 SF ground‑floor restaurant storefront
- Two separate ordering and service lines, each with its own hood
- Large kitchen and back‑of‑house preparation area
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Commercial hood
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
38,744
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 59%
Apparel 22%
Shops & Services 14%
Dining 4%
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.5 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.3 miles
FedEx Office Print & Ship Center
Shops & Services
4,436 visits/mo
0.4 miles
Fifth Third Bank & ATM
Shops & Services
4,367 visits/mo
0.5 miles
McCormick & Schmick's
Dining
2,731 visits/mo
0.5 miles
Demographics for 60606, IL
3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$29.92 /SF/Yr
Avg Asking Price
$17–$64 /SF/Yr
Price Range
4,100 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second-generation space includes dual service lines, dedicated hoods, and a substantial back-of-house kitchen.
Where is this conventional restaurant located?
The property is located at 120 N Wells Street Chicago, IL.
What are key features of this property?
This property features: 3,316 SF ground‑floor restaurant storefront; Two separate ordering and service lines, each with its own hood; Large kitchen and back‑of‑house preparation area
