Mixed-Use Building with
For Sale
Contact for pricing
1628 North Wells Street, Chicago, IL 60614
Four apartments sit above street-level retail with 12 outdoor parking spaces and access to multiple CTA rail lines.
Property SizeContact for details
Days on Market8
Property Features for 1628 North Wells Street
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Essex Realty Group
Listed By:
Jordan Gottlieb · License #IL 471013703
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 16 at 12:40PM
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 Essex Realty Group
Investment Insights
Based on property information with market context.
This mixed-use property at 1628 North Wells Street combines four apartments with ground-floor retail space along Wells Street. The residential component includes one two-bedroom, one-and-a-half-bath apartment and three two-bedroom, one-bath apartments. Existing unit features include hardwood flooring, stainless steel appliances, and in-unit laundry. Twelve outdoor parking spaces are also part of the property.
The building is in Chicago’s Old Town neighborhood, surrounded by restaurants and bars. Lincoln Park is two blocks away, while North Avenue Beach is within walking distance. Access to the CTA Red, Purple, and Brown Lines, multiple bus routes, the Kennedy Expressway, and Lake Shore Drive supports travel throughout the city and to the Loop.
The apartments may be renovated within their current layouts or reconfigured into two-bedroom, two-bath residences, subject to applicable approvals and construction requirements.
The building is in Chicago’s Old Town neighborhood, surrounded by restaurants and bars. Lincoln Park is two blocks away, while North Avenue Beach is within walking distance. Access to the CTA Red, Purple, and Brown Lines, multiple bus routes, the Kennedy Expressway, and Lake Shore Drive supports travel throughout the city and to the Loop.
The apartments may be renovated within their current layouts or reconfigured into two-bedroom, two-bath residences, subject to applicable approvals and construction requirements.
Key Highlights
- Mixed‑use building with ground‑floor retail on Wells Street
- Four apartments: one 2‑bed/1.5‑bath and three 2‑bed/1‑bath units
- 12 outdoor parking spaces
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,838
Businesses Nearby
Explore this area
Business Placement
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four apartments sit above street-level retail with 12 outdoor parking spaces and access to multiple CTA rail lines.
Where is this mixed-use property located?
The property is located at 1628 North Wells Street Chicago, IL.
What are key features of this property?
This property features: Mixed‑use building with ground‑floor retail on Wells Street; Four apartments: one 2‑bed/1.5‑bath and three 2‑bed/1‑bath units; 12 outdoor parking spaces
