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501 Wells St Chicago, IL 60607

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For Sale
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Six-story building, ideal for hospitality.

Property Features for 501 Wells St

General Information

Property type
Restaurants

Building Details

Stories
6

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Listing Contact
Peter Cacciatore
Peter Cacciatore

Listing Agency: JOS. Cacciatore & Co. Real Estate Listing Agent: Peter Cacciatore

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional six-story mixed-use building at 501 S Wells St, Chicago, IL 60607, presents a unique investment opportunity. Currently configured as an apartment building, bar, and restaurant, this property offers significant potential for a variety of uses. The asking price is $2,750,000. Located in Cook County, this property boasts a prime location, offering excellent visibility and accessibility. The building's permitted zoning is DX-12, allowing for diverse operational possibilities. The building's multi-faceted nature caters to a broad range of business ventures, from hospitality to retail. Its strategic position provides a high-traffic location, making it an attractive proposition for businesses seeking maximum exposure. The building's six stories provide ample space for expansion and customization to suit individual business needs. This property represents a rare chance to acquire a well-situated, multi-use building in a vibrant and dynamic area of Chicago. The building's existing configuration as an apartment building, bar, and restaurant provides a solid foundation for future development and growth. The property's location offers significant marketing advantages, with potential for high visibility and brand recognition. This is an exceptional opportunity for investors seeking a high-return investment in a prime Chicago location.
Property Profile Location Intelligence

Current Use by Public Records

Tuk Tuk Chicago Freight Service O'Brien Harris, LLC General Contractor

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.633695791467
Latitude
41.875711728194

FAQs

What type of property is this?
Restaurant - Six-story building, ideal for hospitality.
Where is this restaurant located?
The property is located at 501 Wells St Chicago, IL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Six-story mixed-use building at 501 S Wells St, Chicago, IL 60607.; Asking price: $2,750,000.; Prime Cook County location with excellent visibility and accessibility.
(312) 264-6027 Call to check price and availability
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