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About the Listing 88772 - 859594
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.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Commercial Lease
MLS ®
12614741
Year Built
1930
Total Square Footage
0
Lot/Acreage
0.3
County
Cook
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Heat/Indiv Controls
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 80x161
- Zoning: COMMR
- Roof: Membrane
- Others:
- Sewer:
Financial Details
- Tax Amount: $143,422
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
1525 N Wells St Chicago, IL 60610
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