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    OFF-MARKET
    Retail properties & Spaces

    720 Wells St, Chicago, IL 60607

    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,643 sq. ft. retail space at 720 S Wells St, Chicago, IL, is the last available unit in a vibrant South Loop location. Situated in Cook County, within the PD-1298 zoning district, this multi-tenant property offers a blank canvas for a diverse range of businesses. The space is highly adaptable and may be subdivided to suit specific needs. Key features include significant outdoor patio space and high interior ceilings, creating a unique and attractive environment for potential tenants. Ideal uses include, but are not limited to: upscale restaurants, sports bars, fitness centers, specialty grocery stores, day spas, wellness centers, high-end coffee shops, pet services, medical spas, dental clinics, and co-working spaces. The property's prime location in the densely populated South Loop ensures high visibility and foot traffic, presenting a compelling opportunity for a successful business venture. The address is 720 S Wells St, Chicago, IL 60607.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Cooper Garage - ParkChirp Parking Lot & Garage
    • The Cooper Real Estate Agency
    • davesfit4u Gym & Fitness Center
    • Blush and Tailor Medical Clinic Skin Care Clinic
    • Xeeanna Artistry Salon Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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