


1525 N Wells StreetChicago, IL 60610
Commercial1525 N Wells Street Overview
- Time on Site:
- 80 days
- Visits:
- 3
Located at 1525 N. Wells in the heart of Chicago's vibrant Old Town neighborhood, this impeccably built, modern bar. This is a rare turnkey opportunity. The previous tenant operated with a full suite of licenses, including a corporate liquor license, PPA license, retail food license, and a sidewalk cafe permit. The space features approximately 6,578 square feet of interior space with an approved occupancy of 239 guests, plus seating for 42 on the sidewalk cafe. Boasting 50 feet of prime frontage along Wells Street, the property benefits from excellent visibility and heavy foot traffic, complemented by wide sidewalks ideal for outdoor dining. Inside, the main bar and dining area span an impressive 80'6 in depth and 49'8 in width, with 11-foot ceilings creating an open, airy atmosphere. The centerpiece is a striking rectangular bar offering 72 linear feet of service space-perfect for high-volume operations. This is a high-grossing, fully built-out venue in one of Chicago's most sought-after hospitality corridors, ready for its next operator.
1525 N Wells Street Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Net
Building Information
- Year Built: 1930
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Near North Side
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer, All Utilities, Trash Collection
Tax Information
- Tax Annual Amount: $143,422.00
- Tax Year: 2024
General Information
- Property Sub Type: Neighborhood Storefront
- Property Type: Commercial Lease
- Zoning: COMMR
Interior
General Information
- Cooling: Central Air
- Electric: Circuit Breakers, Service - 201 to 600 Amps
- Foundation Details: Concrete Perimeter
- Leasable Area: 6578
- Stories: 1
Unit Information
- Unit SqFt.: 6578
Exterior
Lot Information
- Frontage Type: City Street
- Lot Size Dimensions: 80x161
- Lot Size Square Feet: 12880
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Membrane
General Information
- Number Of Units Total: 1
- Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Cable Available,Fiber
1525 N Wells Street Neighborhood
Community
60610 (Chicago) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1525 N Wells Street Market Data
Based on the last 30 days in this zip code
1525 N Wells Street History
| Date | Value | Agent |
|---|---|---|
| 4/15/2026Source: MRED | Active |
|
| 4/10/2026Source: MRED | April 10, 2026 |


























