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Retail Space with High Ceilings
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737-749 N Wells St, Chicago, IL

Raw retail spaces with customization potential and high foot traffic.

Property Size1,870 SF
Lot Size0.07 Acres
Days on Market334

Property Features for 737-749 N Wells St

General Information

Standard status Active
Size 1,870 SF
Lot size 0.07 Acres
Property subtype RETAIL
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Lara Keene · License #475144046
Source: Moodyscre
Added: Sep 1, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:38AM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

The property features two retail spaces, with the north retail space offering 2,044 square feet and the south retail space providing 1,870 square feet. Each storefront includes floor-to-ceiling windows and ceiling heights reaching up to 19 feet. The spaces are currently in raw condition, allowing for customization to meet tenants' needs. Black iron pathways are planned, and outdoor seating options may be available for the South Retail Space. The property is surrounded by full-service and casual dining restaurants, as well as personal services such as Drybar, GoGlow, Laser Away, and VioMedSpa. It is situated between the Chicago and State CTA Red Line Stop (with 2.375 million annual riders) to the east and the Chicago and Franklin CTA Brown/Purple Line Stop (with 1.162 million annual riders) to the west, collectively serving Chicago’s Red, Brown, and Purple Lines.

Key Highlights

  • Prime location between Chicago and State (Red Line) and Chicago and Franklin (Brown/Purple Line) CTA stops, providing access to three major train lines.
  • High ceilings (up to 19’) and floor‑to‑ceiling windows in each storefront.
  • Customizable raw space allows tenants to design the space to their specific needs.

Property Analytics

Current Use

Retail space

Suggested Use

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

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

22,257
Businesses Nearby
634k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Apparel 24% Hotels & Casinos 11% Shops & Services 5%
Nordstrom Apparel
136,729 visits/mo 0.5 miles
Starbucks Dining
132,317 visits/mo 0.5 miles
McDonald's Dining
65,567 visits/mo 0.2 miles
McDonald's Dining
52,443 visits/mo 0.3 miles
Fogo de Chao Dining
28,749 visits/mo 0.1 miles

Market

Lease Benchmarks for Chicago, IL

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 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 - Raw retail spaces with customization potential and high foot traffic.
Where is this retail space located?
The property is located at 737-749 N Wells St Chicago, IL.
What are key features of this property?
This property features: Prime location between Chicago and State (Red Line) and Chicago and Franklin (Brown/Purple Line) CTA stops, providing access to three major train lines.; High ceilings (up to 19’) and floor‑to‑ceiling windows in each storefront.; Customizable raw space allows tenants to design the space to their specific needs.
(630) 481-4038 Call to check price and availability
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