Search
Modern Bar and Pub with Sidewalk Cafe
For Lease
$64 SF/Yr

1525 N Wells St, Chicago, IL 60610

Fully built-out hospitality venue with indoor dining, a substantial service bar, and outdoor seating along Wells Street.

Space Size6,578 SF
Days on Market34

Property Features for 1525 N Wells St

General Information

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

Space & Availability

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

Additional Details

Frontage 50 ft

Building Details

Year Built 1930
Listing Agency: Westward Properties LLc
Listed By: David Grieco
Source: Grandviewrealtyservices
Added: Jul 27 Changed: Aug 28 Last Checked: Aug 28 at 9:03PM

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 and pub occupies approximately 6,578 square feet at 1525 N. Wells St. in Chicago’s Old Town neighborhood. The interior includes a main bar and dining area measuring 80'6" deep by 49'8" wide, with 11-foot ceilings and a 72-linear-foot rectangular service bar. Approved interior occupancy is 239 guests, complemented by sidewalk cafe seating for 42.

The property provides 50 feet of frontage along Wells Street, with wide sidewalks supporting the outdoor seating area. The prior tenant operated with a corporate liquor license, PPA license, retail food license, and sidewalk cafe permit. The building dates to 1930, while the interior is described as modern and fully built out for bar and dining operations.

Key Highlights

  • Approximately 6,578 square feet of interior space with approved occupancy for 239 guests
  • Sidewalk cafe seating for 42, with 50 feet of frontage along Wells Street
  • 72 linear feet of service space at the rectangular main bar

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
$9.60 /SF/Yr
CAM

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 - Fully built-out hospitality venue with indoor dining, a substantial service bar, and outdoor seating along Wells Street.
Where is this bar & pub located?
The property is located at 1525 N Wells St Chicago, IL.
What is the lease rate?
The lease rate is $64 SF/Yr.
What are key features of this property?
This property features: Approximately 6,578 square feet of interior space with approved occupancy for 239 guests; Sidewalk cafe seating for 42, with 50 feet of frontage along Wells Street; 72 linear feet of service space at the rectangular main bar
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