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1525 N Wells Street Chicago, IL 60610

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For Lease
$65 SF/Yr

Fully built-out bar venue in Chicago's Old Town neighborhood.

Type:Commercial
Property size:
6,578 SF
Added:
Apr 10, 2026
Days on Market:
11
Last Refresh:
Apr 14 at 8:44 am

Property Features for 1525 N Wells Street

General Information

Standard status
Active
Size
6,578 SF
Property subtype
Commercial

Building Details

Year Built
1930

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Listing Contact
DAVID GRIECO

Listing agent DAVID GRIECO

Listing office WESTWARD PROPERTIES LLC

Listing date Apr 10, 2026

Source Corcoran

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 WESTWARD PROPERTIES LLC


Overview

Turnkey Bar in Old Town

Located in the heart of Chicago's Old Town neighborhood at 1525 N. Wells, this modern bar offers a turnkey opportunity. The space includes approximately 6,578 square feet of interior space with an approved occupancy of 239 guests, plus sidewalk cafe seating for 42. The property features 50 feet of frontage along Wells Street, providing excellent visibility and heavy foot traffic, complemented by wide sidewalks suitable for outdoor dining. The main bar and dining area measure 80'6" in depth and 49'8" in width, with 11-foot ceilings. A rectangular bar provides 72 linear feet of service space. The previous tenant operated with a corporate liquor license, PPA license, retail food license, and a sidewalk cafe permit. This high-grossing, fully built-out venue is located in a sought-after hospitality corridor.
Location Intelligence

Current Use by Public Records

UCW Chimney Repair_Chicago General Contractor LG's Bar & Kitchen Restaurant Smith Barney Financial Advisor

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6342269
Latitude
41.9098683

FAQs

What type of property is this?
Bar & Pub - Fully built-out bar venue in Chicago's Old Town neighborhood.
Where is this bar & pub located?
The property is located at 1525 N Wells Street Chicago, IL.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: Turnkey bar opportunity in Chicago's Old Town neighborhood.; Full suite of licenses included (corporate liquor, PPA, retail food, sidewalk cafe).; High‑grossing, fully built‑out venue ready for immediate operation.
More about this property
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