For Sale
$1,200,000

507 Wells StChicago, IL 60654

5,705 SF Bi-Level Storefront

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 5,705 square foot, bi-level storefront is available for sale at $1,200,000. Located on the coveted east block of Wells Street in Chicago's River North neighborhood, this property boasts 25 feet of frontage, offering unparalleled visibility. The space, previously configured as a medical spa and salon, features high ceilings on the lower level, multiple bathrooms, and readily available water lines. Its versatile layout is suitable for a variety of retail or service uses. The property benefits from its prime location within a thriving area, surrounded by high-end neighbors such as Ligne Roset, Mig and Tig, Mobili Mobil, Roche Bobois, Le Select, Duxiana, Gene & Georgetti's, Poliform, Lou Malnati's, Jaleo, and Roka Akor. River North's vibrant mix of art galleries, upscale restaurants, and luxury showrooms, coupled with its proximity to the Red and Brown 'L' lines, ensures high foot traffic and accessibility. The area's demographics are strong, with a dense population and high average household income of $106,658 within a one-mile radius. This rare opportunity allows for establishing a presence in one of Chicago's most desirable retail corridors. The property is vacant and offers turnkey capabilities for a hair/nail salon or similar business. Don't miss this chance to secure a spot in this upscale neighborhood. The property is located at 507 N Wells St, Chicago, IL 60654.

Property Details for 507 Wells St

Property type
Retail properties, Retail space
Square Feet
5,705 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.890976451085
Longitude
-87.634064536529
507 Wells St, Chicago, Illinois

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507 Wells St
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