Search
Modern Bar with Sidewalk Café
For Lease
Contact for pricing

1525 N Wells Street, Chicago, IL 60610

Built-out hospitality venue with licensed-use history and indoor and outdoor customer seating.

Space Size6,578 SF
Days on Market145

Property Features for 1525 N Wells Street

General Information

Standard status Active
Size 6,578 SF
Net Rentable 6,578 SF
Zoning COMMR

Space & Availability

Available Space 6,578 SF
Contiguous Space 6,578 SF
Space Use Bar/Pub

Additional Details

Frontage 50 ft

Taxes and HOA fees

Annual Taxes $143,422

Amenities

sidewalk cafe
outdoor dining
11-foot ceilings
72 linear foot bar

Building Details

Year Built 1930
Stories 1
Units 1
Listing Agency: Westward Properties LLc
Listed By: David Grieco
Source: Midwestrealestate
Added: Apr 10 Changed: Aug 31 Last Checked: Sep 1 at 7:31PM

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.

This modern bar occupies approximately 6,578 square feet at 1525 N. Wells Street in Chicago’s Old Town neighborhood. The layout includes a main bar and dining area measuring 80'6" deep by 49'8" wide, 11-foot ceilings, and a rectangular bar with 72 linear feet of service space. Approved interior occupancy is 239 guests, with additional seating for 42 at the sidewalk café. The property was built in 1930 and is zoned COMMR.

The venue has 50 feet of frontage along Wells Street and wide sidewalks supporting outdoor dining. A prior operator held a corporate liquor license, PPA license, retail food license, and sidewalk café permit. The space is offered for rent as a bar and hospitality property.

Key Highlights

  • Approximately 6,578 square feet of interior space
  • Approved occupancy for 239 guests plus 42 sidewalk café seats
  • 50 feet of frontage along Wells Street in Chicago’s Old Town neighborhood

Property Analytics

Current Use

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

Suggested Use

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,317
Businesses Nearby
123k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Groceries 31% Dining 27% Beauty & Spa 2%
Jewel-Osco Groceries
38,261 visits/mo 0.5 miles
BP Shops & Services
17,846 visits/mo 0.2 miles
Shell Shops & Services
16,063 visits/mo 0.1 miles
McDonald's Dining
11,226 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
5,818 visits/mo 0.5 miles

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 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dearly Beloved 900 N Franklin St, Chicago, IL 60610
  • Rose Lounge 912 N State St, Chicago, IL 60610
  • Maison BOYI 900 Michigan Ave, Chicago, IL 60611
  • Metro Mart News Stand 900 Michigan Ave STE 600, Chicago, IL 60611
  • Bernard's 11 E Walton St 2nd Floor, Chicago, IL 60611

Frequently Asked Questions

What type of property is this?
Bar & Pub - Built-out hospitality venue with licensed-use history and indoor and outdoor customer seating.
Where is this bar & pub located?
The property is located at 1525 N Wells Street Chicago, IL.
What are key features of this property?
This property features: Approximately 6,578 square feet of interior space; Approved occupancy for 239 guests plus 42 sidewalk café seats; 50 feet of frontage along Wells Street in Chicago’s Old Town neighborhood
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message