Retail Space with Exterior
New
For Lease
$32 SF/Yr
659 South Wells Street, Chicago, IL 60607
Second-generation storefront space with street frontage, exterior arcade potential, and DX-12 zoning in a dense residential setting.
Space Size748 SF
Property Size2,500 SF
Days on Market3
Property Features for 659 South Wells Street
General Information
Standard status
Active
Size
748 SF
Net Rentable
748 SF
Property subtype
Retail
Zoning
DX-12
Lease Term
NNN
Space & Availability
Available Space
748 SF
Contiguous Space
748 SF
Space Use
Retail
Available From
2027-01-01
Site & Location
Frontage
52 ft
Highway Access
Yes
Amenities
exterior arcade
Building Details
Building Size
2,500 SF
Spaces For Lease
at 659 South Wells Street Contact us- Size
- 748 SF
- Type
- Street Retail
- Term
- Negotiable
659 $32/SF/Yr
Listing Agency:
SVN | Chicago - Corporate
Listed By:
Adam Thomas · License #062060446
(847) 219-6383
Source:
Svnchicago
Added: Sep 20
Last Checked: Sep 21 at 4:25AM
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 - Corporate
Investment Insights
Based on property information with market context.
This 748-square-foot second-generation retail space occupies the base of a 183-unit condominium tower. The storefront includes 52 feet of frontage along South Wells Street, with the potential to use the exterior arcade as part of the premises. DX-12 zoning supports a range of business uses.
The property is surrounded by high-density residential development, with an estimated 9,000-plus residential units in the immediate area. The surrounding population includes young professionals, families, and established residents. Public transportation is readily accessible, with connections to Ida B. Wells Drive and Lake Shore Drive. The space is available January 1, 2027.
The property is surrounded by high-density residential development, with an estimated 9,000-plus residential units in the immediate area. The surrounding population includes young professionals, families, and established residents. Public transportation is readily accessible, with connections to Ida B. Wells Drive and Lake Shore Drive. The space is available January 1, 2027.
Key Highlights
- 748 SF second‑generation retail space
- 52' of frontage on South Wells Street
- Exterior arcade available for use
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
21,369
Businesses Nearby
294k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Dining 40%
Hotels & Casinos 7%
Apparel 6%
Target
Superstores
131,620 visits/mo
0.4 miles
Portillo's
Dining
78,782 visits/mo
0.4 miles
Noodles & Company
Dining
25,961 visits/mo
0.5 miles
H&M
Apparel
18,041 visits/mo
0.4 miles
Renaissance Blackstone Hotel
Hotels & Casinos
13,890 visits/mo
0.4 miles
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$26.3 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,107 SF
Avg Space Size
This space is priced 22% above the average of $26.3 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Second-generation storefront space with street frontage, exterior arcade potential, and DX-12 zoning in a dense residential setting.
Where is this retail space located?
The property is located at 659 South 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: 748 SF second‑generation retail space; 52' of frontage on South Wells Street; Exterior arcade available for use
