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Investment Highlights

  • User Acquisition Opportunity
  • Pristine Existing Conditions (Retail Showroom & Office)
  • Highly Visible Banner Signage
  • Premier River North Location Across From the Mart
  • Unique Riverfront Property With Boat Dock
  • Abundance of Natural Light

Executive Summary

The property at 325 N Wells Street consists of five commercial condominium units within an 11-story building located in Chicago’s River North neighborhood. The building was originally constructed in 1911 and underwent major renovations in 2013. It is situated along the Chicago River, across from the Merchandise Mart, and near the Central Business District. The property offers access to public transportation, including CTA trains and buses, and is close to major expressways. The total condominium area is approximately 31,757 square feet across three levels.

Property Facts

Total Building Size 164,945 SF
Property Type
Office (Condo)
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • Office Medical
Building Class B
Floors 11
Typical Floor Size 12,356 SF
Year Built 1911
Lot Size 0.51 AC
Parking Ratio 0.03/1,000 SF
Zoning DC-16, Chicago - Downtown Core District

Amenities

  • Waterfront

1 Unit Available

Unit 100 - 200

Unit Size 31,757 SF
Condo Use Office/Retail
Sale Type Owner User
Sale Conditions Lease Option
APN/Parcel ID 17-09-405-007-1007, 17-09-405-007-1008, 17-09-405-007-1009, 17-09-405-007-1010, 17-09-405-007-1011
Description

Five contiguous condos spanning three floors (one, two, and lower level).
~ 13,000 sf of move in ready showroom / retail / office space.
Remaining ~ 18,757 sf is under lease. Abundance of natural light.

Sale Notes

This offering presents a rare opportunity to acquire five contiguous commercial condominium units totaling 31,757 RSF within an 11-story, approximately 160,000 SF building in Chicago’s River North neighborhood. The property combines historic architecture with modern upgrades, having undergone multiple renovations, the latest in 2013 when it was converted to commercial condos. Currently 100% leased through May 31, 2026, the asset provides immediate income stability with future upside as premier first and second-floor spaces become available.
Positioned along the Chicago River at the southern end of River North, the property benefits from exceptional visibility and accessibility. It is located across from the Merchandise Mart and near major thoroughfares including the Kennedy and Dan Ryan Expressways, as well as Lake Shore Drive. Public transportation options, including CTA lines, further enhance connectivity. This acquisition offers investors a stable income stream with long-term appreciation potential in one of Chicago’s most dynamic mixed-use districts.

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+6 More

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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100

Major Tenant Information

TENANT SF Occupied LEASE END DATE
Provisio Partners - May 2026
  • Listing ID: 39129747

  • Date on Market: 1/18/2026

  • Last Updated:

  • Address: 325 N Wells St, Chicago, IL 60654

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