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$35 Just Listed
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Property Description
600 sf street-level retail/office space for lease in prime River North, just off the busy Wells & Illinois intersection with direct Illinois Street access. Efficient boutique footprint ideal for salon, studio, small office, design firm, or by-appointment retail. Surrounded by top River North restaurants, retail, and THE MART commercial/design center, drawing strong daytime and evening traffic. Excellent transit access with nearby Grand Red Line, Merchandise Mart Brown/Purple Lines, multiple CTA bus routes, and Divvy stations.
Full Property Details
Full Property Details for 501 N Wells St #EC
General
- Price: $35
- Taxes: $12,138 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12711595
- Updated: 7/28/2026
- Added to Site: 5 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Near North Side
- County: Cook
- Driving Directions: At the Northeast corner of Wells and Illinois St. Access is off of Illinois St.
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 4
- Current Bldg. Use: Medical/Dental
- Year Built: 1950
Financial Considerations
- Lease Price: $35
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Other
- Assessment Year: 1950
- Tax Amount: $12,138
- Tax Year: 2024
- Tenant Pays: Other, All Utilities
Listed by Jameson Sotheby's Intl Realty
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Schools
Schools serving 501 N Wells St #EC
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.7 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 N Wells St #EC
Date
Details
Price
Change
Source
7/28/2026
Listed
$35
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 N Wells St #EC
501 N Wells Street #EC, Chicago, IL 60654 (MLS# 12711595) is a Commercial Lease property. 501 N Wells Street #EC is currently listed for $35 and was received on July 28, 2026. Want to learn more about 501 N Wells Street #EC? Do you have questions about finding other Commercial Lease real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

