512 Wells Street

    Chicago, IL 60654
    • $10,250,000
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: 10054560
    UPDATED: 142 min ago
    $10,250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $854
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Description

    Gorgeous loft/bow-truss building with high ceilings (approximately 25 feet, fully renovated in fall of 2015. Building has full kitchen with black iron, grease trap and five walk-in coolers as well as a dynamic open-air space separated by glass garage doors. Property is zoned DX-5 (Downtown Mixed-Use), allows for 50,000 SF for future redevelopment. Current use is restaurant, occupied by a successful bar/restaurant tenant with a long term, stabilized, triple net lease in place. Absolute NNN Lease - Zero Landlord Responsibilities.

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MKT Properties | Keller Williams. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MKT Properties | Keller Williams are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-11-13T23:51:05.117.

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    www.mktproperties.com/homes/86638470

    512 Wells Street Chicago, IL 60654

    • Price: $10,250,000
    • Status: Active
    • Updated: 142 min ago
    • MLS #: 10054560
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    12,000
    SQFT
    $854
    $/SQFT
    2005
    Built
    Neighborhood:
    Chi - Near North Side
    County:
    Cook
    Area:
    Chi - Near North Side
    Property Description
    Gorgeous loft/bow-truss building with high ceilings (approximately 25 feet, fully renovated in fall of 2015. Building has full kitchen with black iron, grease trap and five walk-in coolers as well as a dynamic open-air space separated by glass garage doors. Property is zoned DX-5 (Downtown Mixed-Use), allows for 50,000 SF for future redevelopment. Current use is restaurant, occupied by a successful bar/restaurant tenant with a long term, stabilized, triple net lease in place. Absolute NNN Lease - Zero Landlord Responsibilities.
    Exterior Features

    Lot Dimensions 85X110 Lot Sq Ft 9240 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Air Fire Protection Sprinklers-Wet Number Of Drive In Doors 0 Number Of Stories 2

    Property Features

    Age 7-15 Years Electrical Service Circuit Breakers Geographic Locale Downtown Chicago Gross Rental Income Amount 0 Heat Ventilation Forced Air Max Avail Sq Ft Rentable 12000 Min Avail Sq Ft Rentable 12000 Net Oper Income Amount 0 Property Offered For Sale Only Tax Year 2017 Taxes 163739 Tenant Pays Air ConditioningElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceWater/SewerOther Total Annual Exp 0 Total Annual Income 0 Township North Chicago Zoning Type Rtail

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Conlon Commerical.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MKT Properties | Keller Williams. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MKT Properties | Keller Williams are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-11-13T23:51:05.117.

    Digital Millennium Copyright Act
     
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    2211 N Elston #104
    Chicago IL, 60614