Chicago, IL 60610 1525 N Wells Street

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Presented By: Westward Properties LLc
  • MLS# 12614741
  • 04/10/2026
  • Request Tour
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  • SQFT • 6,578

Home Details

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.
Presented By: Westward Properties LLc

General for 1525 N Wells Street

Assoc Fee Paid PerNot Applicable
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsNorth or South on Wells St. to 1525 North.
ElectricCircuit Breakers, Service - 201 to 600 Amps
Leasable Area6578
Lease TypeNet
Lot Size Square Feet12880
MLS AreaCHI - Near North Side
Number Of Units Total1
Property SubtypeNeighborhood Storefront
Property TypeCommercial Lease
Property TypeRetail/Stores
RoofMembrane
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount143422
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer, All Utilities, Trash Collection
Total Actual Rent35630
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Cable Available, Fiber
Virtual TourClick here
Year Built1930
ZoningCOMMR

Exterior for 1525 N Wells Street

Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions80x161
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $35,630
MLS#12614741
List Date 04/10/2026
Property Type Commercial
Phone 847.485.2500
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