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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$53

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Rent

MLS Listing ID 12614741

Year Built 1930

Annual Tax Amount $143,422

Tax Year 2024

Lot Dimensions 80x161

Property Sub-Type Retail/Stores

Property Description

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.

Location

State IL

County Cook

Area Chi - Near North Side

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Cable Available, Fiber

Roof Type Membrane

Building

Dwelling Type Retail/Stores

Water Municipal Water

Structure Type Brick

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Listed by David Grieco of Westward Properties LLc

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

1525 N Wells ST Chicago, IL 60610

Garrett Johnson

Key Details

Location

Interior

Exterior

Building

Nearby School & Business

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