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Property profile & analytics
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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