1147 Wells St, Chicago, IL 60610
This exceptional 2,555 square foot retail condo is ideally situated in Chicago's vibrant Old Town neighborhood, just off Division Street. Currently operating as a nail salon, this space presents a fantastic opportunity for a new salon owner or a business seeking a high-visibility location. The property is a commercial condo, offering the benefits of ownership. Its prime location within a high-density, high-traffic area ensures significant foot traffic and exposure. The convenience of the Red Line train station just one block east further enhances accessibility for customers and employees. The address is 1147 N Wells St, Chicago, IL 60610, in Cook County. This property boasts a strategic position to capitalize on the bustling activity of Old Town. The asking price for this turnkey opportunity is $449,000. Serious inquiries only; please respect the privacy of the current tenant. This is a rare chance to acquire a thriving retail space in a highly desirable Chicago location. The property's size and location make it suitable for a variety of retail uses. The building is well-maintained and situated in a thriving commercial corridor. This is an excellent investment opportunity for those seeking a strong return in a prime Chicago location.
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Crystal Nails Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.