1650 North WELLS StreetChicago, IL 60614Price: $2,795,000

  • Price: $2,795,000
  • 42 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 13,300Square Feet
  • 1978Year Built

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SVN | Chicago Commercial is pleased to present this commercial / retail opportunity in the heart of Chicago's preeminent Old Town / Lincoln Park neighborhoods for sale or lease, located just steps from Piper's Alley and the high-profile, high traffic corner of North Avenue and Wells Street. Take advantage of great street exposure in one of Chicago's most popular and established areas. These 3 commercial units consist of The Fitz, a 3,610 SF medical spa, Truefitt & Hill, a 1,340 SF barber shop, and a 3,300 SF second-generation fitness studio. The fitness space has substantial build-out including bathrooms, showers, extra storage spaces as well as distribution of HVAC and utilities. This opportunity is the perfect location for a medical / dental office, apparel, service provider, fitness, or general retail. This highly visible retail / office space is immediately available for lease and offers excellent signage opportunities. Great for an owner user to to put their business in the vacant space plus have the income from the adjacent tenants. The entire 8,250 SF commercial property is available for sale at $2,795,000 while the vacant 3,300 SF space is available for lease at $25.00/SF NNN.

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Listed by Wayne Caplan of Sperry Van Ness

Based on information submitted to MRED  as of May 31, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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