- For Lease $32.00/SF/YR
- Property Type Retail - Street Retail
- Property Size 2,500 SF
- Lot Size 0.38 Acre
- Year Built 2002
- Date Updated Sep 25, 2026
Description
Chicago’s South Loop is a high- density, mixed-use neighborhood fueled by a strong residential base, Downtown employment, and year-round destination traffic. Just minutes from the Loop, the neighborhood is anchored by Grant Park, Museum Campus, Soldier Field, McCormick Place, Wintrust Arena, and Columbia College Chicago, drawing a steady mix of residents, professionals, students, and visitors. Major corridors including Roosevelt Road, State Street, and Michigan Avenue support an established mix of dining, retail, fitness, healthcare, and professional services.
With CTA Red, Green, and Orange Line service, Metra access, and convenient connections to Lake Shore Drive and Chicago’s expressway system, the South Loop offers exceptional citywide accessibility. Its combination of density, visibility, walkability, and proximity to Downtown creates a powerful built-in customer and workforce base—making the neighborhood a proven destination for retail and office users.748 SF second-generation retail space located at the base of a 183-unit luxury condominium tower, featuring 52' of Wells Street frontage and a unique opportunity to utilize the exterior arcade.
The property is surrounded by 9,000+ residential units, offering strong density and demographics, with a diverse mix of young professionals, families, and longtime residents. DX-12 zoning allows for a variety of business uses, while convenient access to public transportation, Ida B. Wells Drive, and Lake Shore Drive provides excellent connectivity.
Highlights
- 52’ Wells Street frontage complemented by a unique opportunity to utilize the exterior arcade.
- 748 SF 2nd-generation retail space, situated at the base of a 183-unit luxury condo tower.
- Available January 1, 2027.
- DX-12 zoning, allowing for a variety of business uses.
- Easy access to public transportation, Ida B. Wells Drive and Lake Shore Drive.
- Strong neighborhood demographics and density characterized by a diverse mix of young professionals, families, and established longtime residents.
- Surrounded by high-density luxury residential development, with an estimated 9,000+ residential units in the immediate area.
True
1 Space Available
659
Space Type
Street Retail
Lease Rate
$32.00/SF/YR
Total Space
748 SF
Floor
Ground
Divisible Space
748 - 748 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Adam C. Thomas
SVN | Chicago Commercial
Location
Located at 659 South Wells Street, Chicago, IL 60607, this property is part of the South Loop neighborhood and Chicago market.
Contact Listing Broker
Adam C. Thomas
SVN | Chicago Commercial