1525 N Wells Street, Chicago, IL

Overview

  • 181983
  • Property ID
  • Updated On:
  • May 10, 2026

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.

Climate Control
Air Conditioning
Other Features
All Utilities
Brick
Cable Available
Central Air
Circuit Breakers
Concrete Perimeter
Electric to Site
Electricity
Fiber
Heat
Insurance
Janitorial Service
Membrane
Municipal Water
Natural Gas Available
Repairs
Roof
Scavenger
Service - 201 to 600 Amps
Sewer
Sewer Connected
Taxes
Trash Collection

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Information for the property at 1525 N Wells Street, Chicago, IL, 60610 (Property ID: 181983) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi