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Historic Duplex Office Unit
For Sale
Contact for pricing
Pending

1242 North Wells Street, Chicago, IL 60610

Duplex commercial space with a private garden, kitchen, and front signage opportunity.

Property Size1,273 SF
Days on Market145

Property Features for 1242 North Wells Street

General Information

Standard status Pending
Size 1,273 SF
Property subtype Retail, Special Purpose

Amenities

2 fully upgraded bathrooms
private garden
builtins for storage
natural light
beautiful kitchen
front signage opportunity
Listing Agency: RE/MAX Premier
Listed By: Janice Corley · License #IL
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 31 at 10:14AM

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 RE/MAX Premier

Investment Insights

Based on property information with market context.

This 1,273-square-foot historic firehouse provides a distinctive commercial office setting with duplex-style space, abundant natural light, and an open interior arrangement. The property includes two fully upgraded bathrooms, built-in storage, a kitchen, and a private garden suited to client entertaining. Front signage is also available as a property feature.

The building is located on North Wells Street in Chicago’s Old Town area, placing the office in an established commercial setting. Its combination of character, functional improvements, exterior garden space, and signage capability supports a professional office use with a distinctive identity.

Key Highlights

  • 1,273 SF historic firehouse building for commercial office use
  • Duplex space with 2 fully upgraded bathrooms
  • Private garden for entertaining clients

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Daycare Center Auto Parts Store Butcher Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,564
Businesses Nearby

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

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Duplex commercial space with a private garden, kitchen, and front signage opportunity.
Where is this office units located?
The property is located at 1242 North Wells Street Chicago, IL.
What are key features of this property?
This property features: 1,273 SF historic firehouse building for commercial office use; Duplex space with 2 fully upgraded bathrooms; Private garden for entertaining clients
(773) 230-8700 Call to check price and availability
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