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Wells Fargo is advancing its retail banking footprint in the Chicago area with plans to open ten new branches locally this year, including its first location in Orland Park. The expansion is part of a broader initiative by the bank to invest millions of dollars into modernizing and upgrading its branch network across the United States.
As part of this program, Wells Fargo expects to refurbish more than 700 branches this year in six priority markets. Those markets are Atlanta, Dallas, Los Angeles, New York, Chicago, and San Francisco. The work is intended to refresh the company’s physical locations while it continues to maintain a large national branch presence.
In the Chicago region, Wells Fargo has committed to a 10-year lease for a 4,200-square-foot space at 15051 LaGrange Road. The location is in a retail corridor that also includes nearby stores operated by Hobby Lobby, Dick’s Sporting Goods, and Ashley Furniture. The new branch in Orland Park is being positioned as a key element of the bank’s ongoing Chicago expansion strategy.
Wells Fargo currently operates 17 branches in the Chicago area and more than 4,000 branches across the country. The company has been steadily building out its local network, having opened two branches in the area in 2024 and an additional seven branches in 2025. The planned ten new branches this year continue that multiyear trajectory of physical expansion.
In 2025, Wells Fargo also broadened its retail presence in the city with the opening of its first-ever HOPE Inside Center retail bank branch in Chicago. That location, at 400 W Division St. in the city’s Old Town neighborhood, occupies a 4,584-square-foot space and adds to the bank’s mix of community-focused retail offerings in the market.
Taken together, the new Orland Park lease, the pipeline of ten local branch openings, and the refurbishment initiative across multiple major metropolitan areas underscore the bank’s continued commitment to operating a large-scale brick-and-mortar network. For the Chicago market, the combination of new branch locations and recent openings suggests Wells Fargo is working to deepen its presence across both the city and surrounding suburbs while aligning its retail banking footprint with national branch modernization efforts.
The post Wells Fargo to Open 10 New Branches in Chicago Area, Including First Orland Park Location appeared first on CRE Market Beat.
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