Turnkey Bar in Old
1525 N Wells Street Chicago, IL 60610
1525 N Wells Street, Chicago, IL, 60610
$65 SF/Yr
For Lease
$65 SF/Yr
Fully built-out bar venue in Chicago's Old Town neighborhood.
Property Size6,578 SF
Days on Market103
Property Features for 1525 N Wells Street
General Information
- Standard status
- Active
- Size
- 6,578 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing agency
WESTWARD PROPERTIES LLC
(312) 286-0951
Listed by
DAVID GRIECO
Source
Corcoran
Added: Apr 10 Updated: Jul 10 at 12:23PM Checked: Jul 21 at 5:16AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
UCW Chimney Repair_Chicago
General Contractor
LG's Bar & Kitchen
Restaurant
Smith Barney
Financial Advisor
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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.
