Premium Old Town / Lincoln Park Commercial Space

1650 N. Wells Street, Chicago, IL 60614

  • For Lease $32.00/SF/YR
  • 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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Spaces Available

Contacts

broker

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise
  • Transit Score ®

    78/100 Excellent Transit
  • Bike Score ®

    95/100 Biker's Paradise
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does retail space at 1650 N. Wells Street cost?

The asking price for retail space at 1650 N. Wells Street is $32.00/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 1650 N. Wells Street?

The property has 3,300 square feet of rentable Medical Office space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-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 1650 N. Wells Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1650 N. Wells Street. You can find 3 parking option(s) and 2 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 1650 N. Wells Street.

Is 1650 N. Wells Street located in a popular area for retail businesses?

The property is part of Old Town Triangle, which is home to 1 other retail listings.

Other popular areas for retail businesses in Chicago include Chicago Loop, Lakeview, Streeterville.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

SVN | Chicago Commercial

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.