664-668 N Wells street

Multiple Demising Options from 1,972 sq ft up to 7,386 sq ft

 

WELCOME TO WELLS STREET!

The property is located in the hottest development corridor in River North! The 1-mile radius has seen a 42% population growth (124,119 people) since 2010 and nearly half of those residents are between the ages of 25-45 years old. Over 2,000 new residential units are within a 3-block radius. The average household income exceeds $128,000 with a 58%/42% ratio of renters to owners. An astounding 76% of our residents also hold a bacherlors degree or higher. Finally, the spending power for this group for F&B away from home exceeds $300MM annually! 

Area Developers invested in the Wells Street Corridor: MAC Management, Magellan, Lennar, JDL, Akara, Cedar Street, Oxford Hotels, and Smithfield.

THE OPPORTUNITY:

•The ultimate in space flexibility to accommodate all retail and restaurant uses. Available Now! 

•Premises: 7,386 sf (divisible) with 20 ft ceilings; 70 ft of frontage on Wells Street (rendering above shows new façade). 

•Single-story building allows for easy ability for black iron, without need for a scrubber system. Additional FAR available for additional stories. 

•Zoning: DX-5 | Alderman: Brendan Reilly (42nd Ward) 

•Join new and legendary businesses in the area, including Pacific Standard Time, Wildfire, Dollop Coffee & Tea, Left Coast, Limitless Coffee, Real Good Juice, Heritage Cycles, GT Prime Steakhouse, and Hooters!