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Retail Space with Fitness Improvements
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1647-1653 N Wells St, Chicago, IL 60614

Former fitness-oriented buildout includes showers, lockers, and two studio rooms.

Space Size5,200 SF
Days on Market48

Property Features for 1647-1653 N Wells St

General Information

Standard status Active
Size 5,200 SF
Net Rentable 5,200 SF
Class Unclassified
Property subtype retail
Zoning B1-3

Space & Availability

Available Space 5,200 SF
Contiguous Space 5,200 SF
Space Use Retail
Available From Immediate

Amenities

private bathrooms
private showers
lockers with charging stations
studio rooms
separate entrance
Listing Agency: Chicago
Listed By: Saira Mohan · License #475.171165
Source: Property.jll
Added: Jul 16 Changed: Aug 30 Last Checked: Aug 31 at 12:53PM

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 Chicago

Investment Insights

Based on property information with market context.

The retail space at 1647-1653 N Wells St offers 5,200 SF in Chicago’s Old Town neighborhood. The existing former fitness buildout includes four private showers, locker areas with charging stations, two studio rooms on a second level, and a separate entrance. The space also includes two ADA bathrooms and B1-3 zoning.

Positioned just south of the southeast corner of W Eugenie and N Wells, the property has retail exposure along a heavily traveled pedestrian corridor. It is one block from Lincoln Park, near restaurants, pubs, and nightlife, and two miles north of Chicago’s Central Business District. The surrounding area includes established national and local co-tenants.

Key Highlights

  • 5,200 SF retail space in Chicago’s Old Town neighborhood
  • Former fitness buildout with four private showers and locker areas with charging stations
  • Two second‑level studio rooms with a separate entrance

Property Analytics

Current Use

Retail space

Suggested Use

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

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

3,543
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 30% Beauty & Spa 5%
BP Shops & Services
17,846 visits/mo 0.0 miles
Shell Shops & Services
16,063 visits/mo 0.1 miles
McDonald's Dining
11,226 visits/mo 0.1 miles
Potbelly Sandwich Shop Dining
3,304 visits/mo 0.2 miles
Jeni's Splendid Ice Creams Dining
2,892 visits/mo 0.3 miles

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

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Former fitness-oriented buildout includes showers, lockers, and two studio rooms.
Where is this retail space located?
The property is located at 1647-1653 N Wells St Chicago, IL.
What are key features of this property?
This property features: 5,200 SF retail space in Chicago’s Old Town neighborhood; Former fitness buildout with four private showers and locker areas with charging stations; Two second‑level studio rooms with a separate entrance
More about this property
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