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River North Retail Space Available
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660 North Wells Street, Chicago, IL 60610

Iconic restaurant property in Chicago's River North neighborhood.

Property Size13,125 SF
Days on Market150

Property Features for 660 North Wells Street

General Information

Standard status Active
Size 13,125 SF
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Dominic Soltero
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 21 at 10:21AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

Located at 660 North Wells Street in Chicago's River North neighborhood, this property features 13,125 square feet of retail space. The property, situated on approximately 5,300 square feet of land, is zoned DX-7, allowing for high-rise multifamily, office, or hotel development with ground floor retail. The site includes a full bar, a commercial kitchen, and upper-floor offices suitable for management and operations. The property is located at a hard corner with a lighted intersection. The current tenant's lease expires in 2028. River North is known as a live-work-play submarket, with creative loft office spaces, high-end restaurants, shopping, and nightlife. It is connected to the Chicago Riverwalk and adjacent to the Magnificent Mile shopping area.

Key Highlights

  • Located in River North, a highly desirable and active Chicago neighborhood.
  • Income‑producing property with a long‑term tenant (30+ years).
  • First time on the market in over 40 years.

Property Analytics

Current Use

Original Hooters Restaurant ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Buffet Butcher Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

28,625
Businesses Nearby
627k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Apparel 22% Hotels & Casinos 11% Shops & Services 7%
Nordstrom Apparel
136,729 visits/mo 0.4 miles
Starbucks Dining
132,317 visits/mo 0.4 miles
McDonald's Dining
65,567 visits/mo 0.1 miles
McDonald's Dining
52,443 visits/mo 0.4 miles
Fogo de Chao Dining
28,749 visits/mo 0.1 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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Iconic restaurant property in Chicago's River North neighborhood.
Where is this conventional restaurant located?
The property is located at 660 North Wells Street Chicago, IL.
What are key features of this property?
This property features: Located in River North, a highly desirable and active Chicago neighborhood.; Income‑producing property with a long‑term tenant (30+ years).; First time on the market in over 40 years.
More about this property
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