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Divisible Retail Storefront
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145 S Wells St, Chicago, IL 60603

Retail space at the base of a boutique loft office building, divisible up to approximately 4,000 SF.

Space Size1,635 SF
Property Size206,000 SF
Days on Market1303

Property Features for 145 S Wells St

General Information

Standard status Active
Size 1,635 SF
Property subtype RETAIL

Space & Availability

Divisible Yes
Space Use Retail

Building Details

Building Size 206,000 SF

Spaces For Lease

at 145 S Wells St Contact us

145 S Wells St

Floor
1
Size
1,635 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Retail opportunity at the base of a 206,000 sf newly constructed, boutique loft...
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Listing Agency: Baum Realty
Listed By: Doug Renner · License #475151752
Source: Moodyscre
Added: Jan 24, 2023 Changed: Aug 8 Last Checked: Aug 19 at 10:12AM

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 Baum Realty

Investment Insights

Based on property information with market context.

Retail opportunity located at the base of a 206,000 SF newly constructed, boutique loft office building. The space is available in a divisible configuration, with up to approximately 4,000 SF available, supporting a range of retail layouts.

Situated in a prime loop location with close proximity to hotels and a dense mix of office and residential populations. Nearby retailers include Starbucks, Walgreens, Paul Stewart, CVS, Corner Bakery, and Brooks Brothers.

The property offers strong transit access, with a 1-minute walk to the Quincy/Wells CTA “L” station, which recorded 2.1M riders annually. It is also steps from the CTA Adams & Wells bus stop serving 10 bus routes, providing connections to Union Station and the LaSalle Street Metra station.

Key Highlights

  • At the base of a 206,000 SF newly constructed boutique loft office building
  • Up to approximately 4,000 SF available and divisible
  • 1‑minute walk to Quincy/Wells CTA “L” station with 2.1M riders annually

Property Analytics

Current Use

145 South Wells Real Estate Agency Reveal Data (Bike/Boat/Book/etc) Store Rise Marketing Marketing & Advertising Thomas Roszak Architecture Architect LaMarsh Global Business Management Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Adult Day Care Nursing Home Butcher Clothing & Fashion Store

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

36,134
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 44% Shops & Services 36% Hotels & Casinos 20%
Saks OFF 5TH Apparel
13,751 visits/mo 0.3 miles
Holiday Inn & Suites Chicago-Downtown Hotels & Casinos
6,102 visits/mo 0.4 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 0.3 miles
Extra Space Storage Shops & Services
2,541 visits/mo 0.5 miles

Demographics for 60603, IL

1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.85 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,535 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail space at the base of a boutique loft office building, divisible up to approximately 4,000 SF.
Where is this storefront property located?
The property is located at 145 S Wells St Chicago, IL.
What are key features of this property?
This property features: At the base of a 206,000 SF newly constructed boutique loft office building; Up to approximately 4,000 SF available and divisible; 1‑minute walk to Quincy/Wells CTA “L” station with 2.1M riders annually
(312) 275-3137 Call to check price and availability
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