Search
Retail Space with Fitness Build-Out
For Sale
Contact for pricing

1650-60 N Wells St, Chicago, IL 60610

The property combines medical spa, barber shop, and fitness uses in a prominent Chicago commercial setting.

Property Size8,250 SF
Days on Market145

Property Features for 1650-60 N Wells St

General Information

Standard status Active
Size 8,250 SF
Property subtype Retail

Additional Details

Asking Price $2,795,000

Amenities

bathrooms
showers
extra storage spaces
signage opportunities

Building Details

Tenancy Multi
Listing Agency: SVN Chicago Commercial
Listed By: Wayne Caplan · License #IL 475132248
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 11:41AM

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 SVN Chicago Commercial

Investment Insights

Based on property information with market context.

This commercial retail condominium comprises three units totaling 8,250 SF. The existing mix includes a 3,610 SF medical spa, a 1,340 SF barber shop, and a 3,300 SF fitness studio. The fitness unit features extensive interior improvements, including bathrooms, showers, additional storage, and distributed HVAC and utility systems. The configuration supports continued retail, fitness, service, medical, dental, or apparel use, subject to applicable approvals.

The property is positioned at 1650-60 N Wells St in Chicago’s Old Town and Lincoln Park area, near Piper’s Alley and the North Avenue and Wells Street intersection. Street exposure and signage opportunities support customer-facing operations. The commercial units are available for sale, with the fitness space also offered for lease.

Key Highlights

  • 8,250 SF commercial property comprising 3 retail units
  • 3,610 SF medical spa, 1,340 SF barber shop, and 3,300 SF fitness studio
  • Fitness unit includes bathrooms, showers, extra storage, HVAC, and utility distribution

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,838
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 29% Beauty & Spa 5%
BP Shops & Services
17,846 visits/mo 0.2 miles
Shell Shops & Services
16,063 visits/mo 0.2 miles
McDonald's Dining
11,226 visits/mo 0.1 miles
Potbelly Sandwich Shop Dining
3,304 visits/mo 0.1 miles
Jeni's Splendid Ice Creams Dining
2,892 visits/mo 0.3 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.

Frequently Asked Questions

What type of property is this?
Retail space - The property combines medical spa, barber shop, and fitness uses in a prominent Chicago commercial setting.
Where is this retail space located?
The property is located at 1650-60 N Wells St Chicago, IL.
What are key features of this property?
This property features: 8,250 SF commercial property comprising 3 retail units; 3,610 SF medical spa, 1,340 SF barber shop, and 3,300 SF fitness studio; Fitness unit includes bathrooms, showers, extra storage, HVAC, and utility distribution
(312) 676-1866 Call to check price and availability
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