1525 N Wells Street, Chicago, IL 60610

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.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 5:19PM

Listing Office:

Westward Properties LLc : 312-286-0951

Listing Agent:

David Grieco : 312-286-0951

MLS ID:

12614741

Interior

• A/C: Central Air

Construction

• Roofing: Membrane
• General: Concrete Perimeter

Location

• Road/Access: City Street
• HOA Amenities: Not Applicable
• Originating MLS: mred
• County: Cook

Lot

• Zoning: COMMR
• Current Use: Commercial

Utilities

• Utilities: Electric to SiteNatural Gas AvailableSewer ConnectedCable AvailableFiberCircuit BreakersService - 201 to 600 Amps
• Water: Municipal Water

Financial

• Source: mred