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Three-Story Mixed-Use Property
For Sale
Contact for pricing
Pending

1208 N Wells, Chicago, IL 60610

Three-story asset combines a leased bar and restaurant with two moderately renovated residential apartments.

Property SizeContact for details
Days on Market145

Property Features for 1208 N Wells

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily
Listing Agency: Stellas & Associates
Listed By: Nick Stellas · License #IL 475.181873
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Sep 1 at 8:50AM

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 Stellas & Associates

Investment Insights

Based on property information with market context.

This three-story mixed-use building combines an operating food-and-beverage space with residential units above. The first floor contains a 1,300-square-foot themed bar and restaurant occupied by The Rabbit Hole. Each of the two upper levels measures approximately 1,300 square feet and contains a two-bedroom, one-bathroom apartment with an open layout, moderate renovations, and an in-unit washer and dryer.

The apartment occupants are month-to-month and are expected to vacate when the property changes hands. The restaurant tenancy extends through 2026. Public transportation is accessible from the property, with the CTA Red Line station at Clark and Division approximately four minutes away and the Purple and Brown Line station at Sedgwick approximately eight minutes away. Interstate 90-94 and the Chicago Downtown area are each about a five-minute drive.

Key Highlights

  • Three‑story mixed‑use building at 1208 N Wells in Chicago, IL 60610
  • First‑floor 1,300 square foot bar and restaurant occupied by The Rabbit Hole
  • Two upper‑level apartments, each approximately 1,300 square feet

Property Analytics

Current Use

The Rabbit Hole Bar & Pub

Suggested Use

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

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story asset combines a leased bar and restaurant with two moderately renovated residential apartments.
Where is this mixed-use property located?
The property is located at 1208 N Wells Chicago, IL.
What are key features of this property?
This property features: Three‑story mixed‑use building at 1208 N Wells in Chicago, IL 60610; First‑floor 1,300 square foot bar and restaurant occupied by The Rabbit Hole; Two upper‑level apartments, each approximately 1,300 square feet
More about this property
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