Premium Old Town / Lincoln Park Commercial Space

For Lease

1650 N. Wells Street, Chicago, IL 60614

You can currently find 1 retail space(s) available for lease at Premium Old Town / Lincoln Park Commercial Space. Designated use type for space listed here includes medical office. Current retail listings at this property total 3,300 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Premium Old Town / Lincoln Park Commercial Space.

Space Available For Lease 1

Contacts

broker
Wayne Caplan

SVN | Chicago Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,250 SF
  • Units 1
  • Lot Size 0.24 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1978
  • Date Updated Apr 14, 2025
Old Town and Lincoln Park are two of Chicago's most popular and sought-after neighborhoods for restaurants, bars, retailers, salons, and other tenants of all shapes and sizes. Situated just steps to Piper's Alley (featuring The Second City), Zanies Comedy Club, The Moody Church, Walgreens, Starbucks, and many other quality tenants. The property is also directly across the street from the redevelopment of the former Treasure Island grocery store, which will bring 350 new apartments as well as additional retail to this thriving Chicago neighborhood. This area is very highly trafficked and features strong demographics boasting average annual household incomes of more than $148,700, average home values of over $523,000, and a population of 68,700 within 1 mile. Easily accessed by CTA buses and trains (Brown and Purple lines), this area features entertainment venues, restaurants, retail, and much more. Close to Lincoln Park Zoo, Lake Michigan, North Avenue Beach, and Lake Shore Drive.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.SVN | Chicago Commercial is pleased to present this commercial opportunity in the heart of Chicago's preeminent Old Town / Lincoln Park neighborhoods, 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. The available space is a 3,300 SF second-generation fitness studio with substantial build-out, including bathrooms, showers, and extra storage spaces as well as distribution of HVAC and utilities. This space can be adapted to fit a wide range of uses and sizes, ranging from ±1,300 SF and up. This opportunity is the perfect location for medical / dental office, apparel, service provider, fitness, or general retail. This highly visible retail / office space is immediately available for lease and offers an excellent signage opportunity.
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Highlights

  • Prime Ground Floor Commercial Space on Wells Bordering Chicago's Old Town and Lincoln Park Neighborhoods
  • ±3,300 SF with multiple demising options
  • Perfect Location for Medical / Dental Office, Apparel, Service Provider, Fitness, or General Retail
  • Join The Fitz (Medical Spa) and Truefitt & Hill (Barber Shop)
  • Just Steps to Piper's Alley (Featuring The Second City), Zanies Comedy Club, The Moody Church, Walgreens, Starbucks, Many Other Quality Tenants and Tens of Thousands of Area Residents
  • Easy Access to CTA Buses and Trains (Brown and Purple Lines), Lake Shore Drive, and Lincoln Park Zoo
  • Surrounded by Excellent Demographics with High Household Incomes, High Home Values, and Dense Populations

Getting around

  • 98/100

    Walk Score ®

  • 78/100

    Transit Score ®

  • 95/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Old Town Triangle
  • Zip Code 60614
  • Market Chicago

Points of Interest

  • Chicago

    1.13 miles

  • Grand

    1.49 miles

  • Merchandise Mart

    1.67 miles

  • Clinton

    1.90 miles

  • State/Lake

    1.90 miles

  • Lake

    1.99 miles

  • Millennium Station

    2.03 miles

  • Morgan

    2.06 miles

  • Adams/Wabash

    2.34 miles

  • Quincy

    2.35 miles

  • BP

    0.12 miles

  • Shell

    0.15 miles

  • Tesla Supercharger

    0.68 miles

  • Exxon

    0.91 miles

  • City od Chicago Fuel Site 010

    1.24 miles

  • Mobil

    1.41 miles

  • eVgo

    1.83 miles

  • Volta

    2.33 miles

  • Blink

    2.34 miles

  • Volta Charging Station

    2.44 miles

  • Moody Church Parking Lot

    0.12 miles

  • Chicago History Museum

    0.17 miles

  • Zoo South Lot

    0.46 miles

  • North Avenue Beach

    0.51 miles

  • Zoo Hindicap Lot

    0.65 miles

  • Steppenwolf Garage

    0.70 miles

  • Zoo Main Lot

    0.76 miles

  • Lincoln Park Conservatory

    0.84 miles

  • Zoo East Lot

    0.85 miles

  • Diversey Harbor South

    0.97 miles

  • Roots

    0.08 miles

  • 1959 Kitchen & Bar

    0.10 miles

  • Nookies

    0.10 miles

  • Adobo Grill

    0.12 miles

  • McDonald's

    0.12 miles

  • Potbelly

    0.13 miles

  • Two Lights Seafood & Oyster

    0.13 miles

  • Gallucci Pizzeria Napoletana

    0.14 miles

  • Peking Chinese Restaurant

    0.17 miles

  • Twin Anchors Restaurant & Tavern

    0.17 miles

  • Potash Market

    0.25 miles

  • Judy Maxwell Home Genrl Store

    0.39 miles

  • Jewel-Osco

    0.57 miles

  • Carnival Grocery

    0.61 miles

  • ALDI

    0.63 miles

  • Mariano's Fresh Market

    0.65 miles

  • Target

    0.75 miles

  • Big Apple Finer Foods

    0.88 miles

  • Wild Fork

    0.95 miles

  • Whole Foods Market

    0.96 miles

1650 N. Wells Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Premium Old Town / Lincoln Park Commercial Space asks $32.00/SF/YR per square foot.

  • The property includes 3,300 square feet of retail space for lease. Of this total, 3,300 square feet are Medical Office.

    Lease agreement conditions for the availability at this property include NNN.

    In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Old Town Triangle is 31. The average household income here is $139,561 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Wayne Caplan

SVN | Chicago Commercial

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