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507 N Wells St Chicago, IL 60654

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For Lease
$33 SF/Yr

Exceptional bi-level retail space in a vibrant Chicago neighborhood.

Building Details

Year built
1980

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Listing Contact
Dakota Nilson
Source: Corcoran

Listing Agent: Dakota Nilson

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

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Property Insight Report

Overview

Bi-Level Retail Space in River North

This 5,705 square foot bi-level retail space is located on the east block of Wells Street, between Grand and Illinois in River North, Chicago. The property features 25 feet of frontage on Wells Street, offering visibility in a vibrant neighborhood known for art galleries, restaurants, design showrooms, and nightlife. The location is in the heart of the furniture and design district, near Ligne Roset, Mig and Tig, Mobili Mobil, and Roche Bobois, and a short walk from the Merchandise Mart. The space benefits from accessibility to the Red and Brown 'L' lines, used by 12.8 million riders annually. The surrounding area includes 74,348 residents and 128,478 employees within a one-mile radius. The lower level features high ceilings, providing a flexible environment suitable for retail or service uses. Previously a medical spa, the space includes multiple bathrooms and water throughout, with turnkey capabilities for a hair/nail salon. The property is near Le Select, Duxiana, Gene Georgetti's, Poliform, Lou Malnati's, Jaleo, and Roka Akor. This space offers a blend of location, visibility, and flexibility.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Eyelash Extensions River ... Beauty Salon Diva Gurls Jeweler Lucy Portillo Hairstylist Hair Salon Chicago Mobile Massage Massage Therapist Parto Naderi Creation ... Hair Salon

Suggested Use

Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6333413
Latitude
41.8757962

FAQs

What type of property is this?
Retail space - Exceptional bi-level retail space in a vibrant Chicago neighborhood.
Where is this retail space located?
The property is located at 507 N Wells St Chicago, IL.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: - Prime River North location on Wells Street with high visibility (25 ft frontage).; - Rare opportunity for retail space in this sought-after section of Wells Street.; - High foot traffic due to proximity to Red and Brown 'L' lines (12.8 million riders annually).
More about this property
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