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431 Wells St Chicago, IL 60654

Prime River North restaurant, turnkey operation.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 9,570-square-foot restaurant space, located at 431 N Wells St (cross street Hubbard), in Chicago's vibrant River North submarket, presents a unique opportunity. Previously housing Solita Tacos & Margaritas, this turnkey establishment is ready for immediate occupancy. Situated within a larger five-story, Class B building (18,840 total square feet) constructed in 1910 and extensively renovated in 2017, the space encompasses three levels: basement, first, and second floors. A fully equipped kitchen is included, streamlining the transition for a new operator. The property is zoned DX-5 in Cook County, Illinois, and benefits from the high foot traffic and visibility characteristic of River North. While on-site parking is not available, the location's accessibility and proximity to public transportation mitigate this. The lease offers the attractive option of outdoor sidewalk seating, enhancing the dining experience. This single-tenant retail space provides a seamless entry point for a restaurant concept seeking a well-established, high-demand location. The address is 431 N Wells St, Chicago, IL 60654.

Highlights

  • Cross Streets: Hubbard & Wells
  • Address: 162 W Hubbard, Chicago, IL 60654
  • Zoning: DX-5
  • Alderman: Brendan Reilly (42nd Ward)
  • Building Size: 9,570 square feet (3,190 SF per floor)
  • Ceiling Height: 16 feet

Property Details for 431 Wells St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
18,840 SF
Class
B
Year Built/Renovated
1910/2017
Stories
5

Unit(s) available at that property

Space
Size
9,570 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.890083948523
Longitude
-87.634034567162
431 Wells St, Chicago, Illinois

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FAQs

What type of property is this?
Retail property - Prime River North restaurant, turnkey operation.
Where is the retail property located?
The property is located at 431 Wells St Chicago, IL.
What are key features of this property?
This property features: Cross Streets: Hubbard & Wells; Address: 162 W Hubbard, Chicago, IL 60654; Zoning: DX-5
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Allan Perales
Allan Perales

Learn more

Useful Information

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Wells St
Chicago, IL 60654

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Wells St
Chicago, IL 60654

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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431 Wells St
  • Allan Perales
    Allan Perales
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