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501 S Wells St 15,000 sq ft Vacant Retail Property Chicago, IL 60607 £2,056,382 (£137.09/sq ft)

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INVESTMENT HIGHLIGHTS

  • Prime location at the gateway to Chicago’s downtown
  • Ground-floor restaurant space with FF&E included
  • 200 dedicated parking spaces enhancing tenant convenience
  • 100 feet of frontage along Congress Parkway for maximum visibility
  • Zoned DX-12 offering flexible redevelopment options

EXECUTIVE SUMMARY

6 story building w/ restaurant with all FFE. full basement. Put your brand on the wall. gateway to the city

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
15,000 sq ft
Costar Property Class
C
Year Built
1920
Price
£2,056,382
Price per sq ft
£137.09
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
6
Plot ratio
5.74
Total Plot Size
0.06 ac
Use Class
DX-12 - Downtown Mixed-Use District
Parking
200 Spaces (10 Spaces per 1,000 sq ft Leased)
Frontage
30 ft on S Financial Pl
Walk Score®
Excellent pedestrian access (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Good for cycling (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

Starbucks
Chase Bank
Fifth Third Bank
PNC Bank
Wells Fargo
U.S. Bank
Citi
Nathan's Famous-delivery Only
Giordano's
Naf Naf Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-16-241-009-0000
Land Assessment
£198,254
Improvements Assessment
£192,893
Total Assessment
£391,147
  • Listing ID: 28344642

  • Date on Market: 28/04/2023

  • Last Updated:

  • Address: 501 S Wells St, Chicago, IL 60607

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