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    OFF-MARKET
    Restaurants

    1342 Wells St, Chicago, IL 60610

    Property ID
    Property summary
    AI-generated overview

    This exceptional restaurant opportunity is located at 1342 N. Wells St, Chicago, IL, 60610, in Cook County. The property is a single-tenant space encompassing 1,653 square feet, ideally situated at the corner of North Wells Street and West Evergreen Avenue. Its PD-301 zoning designation allows for a variety of uses. The building benefits from abundant natural light due to its corner location and features a sizable patio area suitable for outdoor dining, presenting potential for expansion. The property's strategic location offers easy access to a nearby recreational park, providing a readily available customer base of local residents. This offering includes a lease assignment and the sale of existing assets. The property's high visibility on a busy street within a thriving dining and entertainment district makes it an attractive investment for a discerning restaurateur. Further details are available upon request. The property's address is verified as 1342 N Wells St, Chicago, Illinois.

    Property profile
    Verified
    Property type Restaurants
    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
    • Cafe Sushi Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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