Prime Retail/Office Space
For Lease
$32 SF/Yr
1650 N Wells Street, Chicago, IL 60614
3,300 SF space in Old Town/Lincoln Park, Chicago.
Space SizeContact for details
Days on Market472
Property Features for 1650 N Wells Street
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$45,771
Building Details
Year Built
1978
Listing Agency:
SPERRY VAN NESS
(312) 676-1866
Listed By:
WAYNE CAPLAN · License #475132248
Source:
Corcoran
Added: Apr 28, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 SPERRY VAN NESS
Investment Insights
Based on property information with market context.
Located in Chicago's Old Town / Lincoln Park neighborhoods, this 3,300 SF second-generation fitness studio offers substantial build-out, including bathrooms, showers, and extra storage spaces, as well as distribution of HVAC and utilities. The space is located steps from Piper's Alley and the high-profile, high-traffic corner of North Avenue and Wells Street, offering great street exposure in a popular and established area. Adaptable to fit a wide range of uses and sizes, ranging from 1,300 SF and up, this location is suitable for a medical or dental office, apparel retailer, service provider, fitness center, or general retail. This highly visible retail/office space is immediately available for lease and offers an excellent signage opportunity.
Key Highlights
- Prime location in Old Town / Lincoln Park near North Avenue and Wells Street.
- 3,300 SF second‑generation fitness studio with existing build‑out including bathrooms, showers, storage, and HVAC.
- Adaptable space suitable for various uses: medical, dental, retail, fitness, service provider.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,441
Businesses Nearby
Well-served
Demand for This Use
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
Lease Benchmarks for Chicago, IL
$21.6 /SF/Yr
Avg Asking Price
$14–$32 /SF/Yr
Price Range
13,755 SF
Avg Space Size
This space is priced 48% above the average of $21.6 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Fit Body Boot Camp — 625 W Division St, Chicago, IL 60610
- Gymnasium — 375 W Elm St, Chicago, IL 60610
- Old Town Fit Body Forever — 625 W Division St, Chicago, IL 60610
- The Combine Strength and Conditioning — 1146 N Hudson Ave, Chicago, IL 60610
- AKT — 1100 N Wells St, Chicago, IL 60610
Frequently Asked Questions
What type of property is this?
Fitness center & gym - 3,300 SF space in Old Town/Lincoln Park, Chicago.
Where is this fitness center & gym located?
The property is located at 1650 N Wells Street Chicago, IL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Prime location in Old Town / Lincoln Park near North Avenue and Wells Street.; 3,300 SF second‑generation fitness studio with existing build‑out including bathrooms, showers, storage, and HVAC.; Adaptable space suitable for various uses: medical, dental, retail, fitness, service provider.
