![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8qwOpXeRY-yEBfBBd5Wwn4HpmP15M3s2HK_GMfmXFmmwoPSdbqFNnTAQE4n0-GFjtqtxnoij-uPcAUER1HSg4Fuija5K99_MC5SY4frMHxB94lnVMHYH-7AOV8mi9yHkiR2adiA/s400/20190201_112848.jpg) |
The closed Treasure Island store at 1639 N Wells St, Chicago, IL 60614 (all photos Eric Rojas, Broker, Kale Realty) |
We have clients looking at a condo on
North Wells Street in Old Town. A selling point of this desirable and bustling strip has been the proximity to a neighborhood grocery store. However t
he Treasure Island grocery store company has closed under much controversy. The company owns four of it's closed buildings including the Old Town location at
1639 N Wells Street pictured above. I'd love to see a mixed use development with another grocer and high-rise like the newest Gold Coast Jewel Store at Clark and Division
(The Sinclair).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4u3w_RTHWtJhl-7BHJKD-IKw7z5vLDjt_WUPqc3UaHVLYgNk1epoiT0Wdj-ZQN6LbUMLGOy52gcee7sIuIxo86cHzfmF2FJvZQNwxDoyCIXp2XpvWTTpC2MvB6JRIm0GeziKDEQ/s400/20190201_112926.jpg) |
Looking southeast. |
Eight condos have sold over the past twelve months on the 1500-1700 blocks of North Wells in Old Town. All but one sale was at 1636 North Wells high rise.
Those closings ranged from $152,000 for a studio apartment with $348/mth assessment to $602,000 for a three bedrooms, two baths unit with a $1,055/mth assessment. There are many more residences on the side streets perpendicular to North Wells just to the immediate west of the Treasure Island building.
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