- For Lease $65.00/SF/YR
- Property Type Retail
- Property Size 2,800 SF
- Lot Size 0.06 Acre
- Zoning DX-5
- Additional Rent $65.00/SF/YR
- # of Floors 2
- Parking Spaces Avail. 2
- Parking Ratio 0.71 / 1,000 SF
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1888
- Year Renovated 2020
- Date Updated Apr 1, 2024
- Visibility/Traffic Count (VPD) 31,113
Prime Retail Opportunity at 601 N. Wells St., River North, Chicago Nestled in the heart of Chicago's dynamic and affluent River North district, the retail space at 601 N. Wells St. presents a rare leasing opportunity. This freestanding property, offering 2,800 square feet of versatile retail space, combines historic charm with modern amenities following a comprehensive renovation in 2020. Location and Lifestyle Strategically positioned at the crossroads of W. Ohio St. and N. Wells St., this property benefits from an impressive daily traffic count of 31,113 vehicles and is enveloped by an affluent demographic with an average household income of $142,393 within a 3-mile radius. River North is a cultural and lifestyle hub, known for its upscale dining, vibrant nightlife, and a community that values fitness, organic foods, and the arts. This makes 601 N. Wells St. an ideal location for businesses aiming to thrive in a lively urban environment. Retail Space Features - Size and Structure: A total of 2,800 SF available, with a flexible floor plan (2,000 SF on the 1st floor and 800 SF on the 2nd floor), allowing for a range of retail configurations. - Economic and Demographic Strength: Surrounded by a dense, high-income population and significant consumer spending power ($7.9 billion within 3 miles). - Zoning Flexibility: DX-5 zoning permits a variety of uses, from traditional retail to innovative service concepts, supporting a vibrant mix of commercial activities. - Visibility and Accessibility: Exceptional visibility due to high traffic volumes, enhanced by excellent accessibility via public transportation, walking, and biking paths. Connectivity and Community River North is a testament to Chicago's ability to blend urban living with luxury. The neighborhood's proximity to the Magnificent Mile, bordered by the Chicago River, positions 601 N. Wells St. as a gateway to one of the city's most sought-after districts. This area is not just a place to do business but a place to become a part of Chicago's thriving community fabric. A Unique Opportunity This offering is more than just a retail space; it's a chance to be at the heart of Chicago's economic and cultural activity. Ideal for brands and businesses aiming to establish or expand their presence in a high-growth area, 601 N. Wells St. promises visibility, flexibility, and connectivity. Seize the opportunity to make a mark in River North, where commerce meets community, and tradition meets innovation.
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Highlights
- Prime Location in River North: Situated in the heart of Downtown Chicago's vibrant River North neighborhood, known for its high foot traffic and dynamic downtown city lifestyle.
- DX-5 Zoning: Offers a wide range of permissible uses, providing flexibility for various retail concepts.
- High Traffic Volume: Benefits from a substantial daily traffic count of 31,113 (based on 2023 data for Ohio St. and Wells St.), enhancing visibility and customer access.
- Affluent Demographics: Surrounded by a high-income residential area, with an average household income exceeding $135k, indicating strong purchasing power within the immediate vicinity.
- Economic Vibrancy: Positioned in an economically robust area, with a mix of professional and managerial residents who value education, creativity, and environmental sustainability.
- Cultural and Lifestyle Hub: The neighborhood caters to an active, social, and environmentally conscious community, with preferences for organic foods, fitness, and cultural activities—ideal for businesses that align with these interests.
- Connectivity and Accessibility: Excellent accessibility via public transportation, taxis, walking, and biking, ensuring constant foot traffic and easy access for city dwellers.
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Spaces Available
601 N Well Retail Space |
Prime Retail Opportunity at 601 N. Wells St., River North, Chicago Nestled in the heart of Chicago's dynamic and affluent River North district, the retail space at 601 N. Wells St. presents a rare leasing opportunity. This freestanding property, offering 2,800 square feet of versatile retail space, combines historic charm with modern amenities following a comprehensive renovation in 2020. Location and Lifestyle Strategically positioned at the crossroads of W. Ohio St. and N. Wells St., this property benefits from an impressive daily traffic count of 31,113 vehicles and is enveloped by an affluent demographic with an average household income of $142,393 within a 3-mile radius. River North is a cultural and lifestyle hub, known for its upscale dining, vibrant nightlife, and a community that values fitness, organic foods, and the arts. This makes 601 N. Wells St. an ideal location for businesses aiming to thrive in a lively urban environment. Retail Space Features - Size and Structure: A total of 2,800 SF available, with a flexible floor plan (2,000 SF on the 1st floor and 800 SF on the 2nd floor), allowing for a range of retail configurations. - Economic and Demographic Strength: Surrounded by a dense, high-income population and significant consumer spending power ($7.9 billion within 3 miles). - Zoning Flexibility: DX-5 zoning permits a variety of uses, from traditional retail to innovative service concepts, supporting a vibrant mix of commercial activities. - Visibility and Accessibility: Exceptional visibility due to high traffic volumes, enhanced by excellent accessibility via public transportation, walking, and biking paths.
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Contacts
Travis Montgomery
Location
Getting Around
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Walk Score ®
97/100 Walker's Paradise -
Transit Score ®
100/100 Rider's Paradise -
Bike Score ®
84/100 Very Bikeable
- City Chicago, IL
- Neighborhood River North
- Zip Code 60654
- Market Chicago
Points of Interest
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Merchandise Mart
0.27 miles
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Chicago
0.29 miles
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Grand
0.30 miles
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State/Lake
0.55 miles
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Clinton
0.61 miles
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Lake
0.63 miles
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Millennium Station
0.73 miles
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Quincy
0.95 miles
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Adams/Wabash
0.97 miles
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Morgan
1.03 miles
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BP
0.10 miles
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Shell
0.36 miles
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Tesla Supercharger
0.84 miles
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Exxon
1.04 miles
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Blink
1.09 miles
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Volta
1.09 miles
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ChargePoint
1.12 miles
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City od Chicago Fuel Site 010
1.30 miles
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Marathon
1.44 miles
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Blink ParkChip Garage - 1035 Van Buren
1.48 miles
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Ohio Public Parking
0.08 miles
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Anti-Cruelty Society Parking
0.09 miles
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Public Parking
0.12 miles
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Orleans-Hubbard Self Park
0.21 miles
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Grand Plaza parking
0.26 miles
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Grand Plaza Parking
0.27 miles
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The Sterling Self Park
0.27 miles
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The Rug Company
0.33 miles
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North Bridge Self Park
0.34 miles
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Rush-Ohio-Wabash Self Park
0.40 miles
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Bar Cargo
0.01 miles
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Al's Beef
0.03 miles
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Ironside Bar & Galley
0.04 miles
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Schneider Deli
0.05 miles
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GT Fish & Oyster
0.05 miles
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Zombie Taco
0.06 miles
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Meli Cafe
0.06 miles
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Taco Joint
0.06 miles
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Pizzeria Ora Chicago
0.08 miles
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Wildfire
0.09 miles
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Target
0.07 miles
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Jewel-Osco
0.27 miles
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The Merchandise Mart
0.29 miles
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Whole Foods Market
0.38 miles
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Trader Joe's
0.39 miles
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Neiman Marcus
0.40 miles
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Nordstrom
0.40 miles
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The Shops at North Bridge
0.42 miles
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Marshalls
0.45 miles
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Saks Fifth Avenue
0.51 miles
Frequently Asked Questions
How much does retail space at 601 N Wells St cost?
The asking price for retail space at 601 N Wells St is $65.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.
What kind of retail space can I rent at 601 N Wells St?
The property has 2,800 square feet of rentable Retail (Other) space. Rental opportunities here are available under NNN lease terms.
The building accommodates a Single Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.
How many parking spots are available at 601 N Wells St?
601 N Wells St offers 2 parking spaces. There are also other parking facilities in the area, with 10 parking option(s) located within 0.08 miles from 601 N Wells St. Additionally, you can find 2 fuel station(s) within a 0.5-mile radius.
Are there any potentially competing retail businesses in the area?
Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 601 N Wells St.
Is 601 N Wells St located in a popular area for retail businesses?
The property is part of River North, which is home to 16 other retail listings.
Other popular areas for retail businesses in Chicago include Chicago Loop, South Loop, Lakeview.
Looking for more in-depth information on this property?
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Contact Listing Broker
Travis Montgomery
KW Commercial