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    OFF-MARKET
    Retail properties & Spaces

    1147 Wells St, Chicago, IL 60610

    2,555 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,555 SF
    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
    • Crystal Nails Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    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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