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1419 N Wells St 4,600 SF of Retail Space Available in Chicago, IL 60610
Highlights
- 4,600 SF ground-floor retail space offering frontage along highly trafficked Wells Street corridor.
- Co-tenancy with Jeni’s Splendid Ice Creams, The Scout Waterhouse + Kitchen, and Studio Lagree.
- Located in an affluent area with over 83,000 residents and an average household income of $194,029 within one mile.
- Positioned in Chicago’s Old Town amidst established retail, dining, and lifestyle venues.
- Excellent transit accessibility less than one mile from multiple CTA rail stations.
- Surrounded by popular dining destinations including Small Cheval, Topo Gigio, and Orso’s Italian Restaurant.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
4,000 square feet of ground floor retail space available for lease.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,600 SF | Gross Leasable Area | 18,400 SF |
| Property Type | Retail | Year Built/Renovated | 1930/2007 |
| Property Subtype | Storefront |
| Total Space Available | 4,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 18,400 SF |
| Year Built/Renovated | 1930/2007 |
About the Property
This leasing opportunity places retailers in the heart of Chicago’s bustling Old Town neighborhood at 1419 N Wells Street. The available ground-floor retail space spans approximately 4,600 SF, offering prime visibility and significant frontage along Wells Street, one of the city’s highest-trafficked corridors. This destination benefits from consistent foot traffic driven by nearby affluent residents, professionals, and frequent visitors. The property is positioned alongside major co-tenants, including Jeni’s Splendid Ice Creams, The Scout Waterhouse + Kitchen, and Studio Lagree, enhancing its destination appeal for commerce and lifestyle-driven retailers. Less than one mile from the Clark/Division Red Line, Sedgwick Brown/Purple Lines, and surrounded by major highways, the site offers exceptional accessibility for customers and staff. Located within an area boasting nearly 84,000 residents and an average household income near $194,000 within one mile, the surrounding demographics amplify the advantages of this vibrant location. Retailers will benefit from a rich mix of neighboring establishments, such as Small Cheval, Orso’s Italian Restaurant, Topo Gigio, Benchmark, and The Vig, ensuring synergy and strong consumer draw throughout the day and evening.
Nearby Major Retailers
Contacts
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Matt Tarshis -
Andrew Rubin -
Zack Pearlstein -
Andrew Slovis -
Frontline Real Estate Partners
