1252 N Wells St | Chicago, IL 60610
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- LoopNet Team
1252 N Wells St
Chicago, IL 60610
Highly Visible, Fully Stabilized Mixed-Use · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully stabilized with newly signed 10-year NNN lease with Uproar Hospitality on the property’s ground, Mezzanine and 2nd floors.
- Tenant (Uproar Hospitality) funded a heavy capital investment into the space.
- Highly desirable Wells Street location in the heart of Old Town surrounded by an abundance of new residential development projects.
- Building maximizes frontage and accessibility to outdoor space with operable storefronts and outdoor terrace.
- Mixed-use elevator building with leased residential unit on the top floor.
- Across the street from the new Dom’s Kitchen & Market and Easily accessible to Red Line Clark/Division and Brown Line Sedgwick CTA Stations.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,670 SF
Building Class
B
Year Built
1991
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.76
Lot Size
0.08 AC
Zoning
C1-5 - Potential for additional Floor Area Ratio (FAR) to be captured due to property’s underlying C1-5 zoning.
Frontage
27’ on N Wells St
AMENITIES
- Restaurant
- Balcony
PROPERTY TAXES
| Parcel Number | 17-04-219-058-0000 | Improvements Assessment | $329,530 |
| Land Assessment | $42,470 | Total Assessment | $372,000 |
PROPERTY TAXES
Parcel Number
17-04-219-058-0000
Land Assessment
$42,470
Improvements Assessment
$329,530
Total Assessment
$372,000
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