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Heading out for a night on the Old Town? Keep your eyes peeled as you sail down Wells Street, or you could miss the newest edition to the ‘hood, located in the former Hobo’s space. Find the big white “S” on the black awning, then make your way through the side door and downstairs to a tiny, laid-back lounge that looks like your friend’s Soho-style basement.

Inside: Faux flagstone, paintings of vintage beauties and dramatic uplighting create a low-lit, romantic scene. Cushion your landing on hydraulic Lucite barstools at cocktail tables with purse shelves (love ’em!). Or, seclude your crew at private booths–or “suites”–with wispy curtains. We could do without the clunky garden fountain strewn with rose petals; it feels a bit outdated.

Bathrooms: The sink basins lined with smooth stones are beautiful. But the lock on the bathroom door would allow a group of gossiping girls to close themselves off from waiting ladies. Not good. And whoever suggested curtained stalls clearly hasn’t been exposed by a tipsy co-ed looking for an empty toilet. (Luckily, that didn’t happen to us here.)

Coming soon: More flat-screens, an outdoor video monitor to give those in line a sneak peek, an alfresco “cigar closet,” food and a grand-opening bash.

Drinks: Though the owners plan to focus on champagnes such as Piper Heidsieck, Veuve Clicquot and Cristal ($40-$350 bottles), and specialty cocktails ($9-$13), you can still order bottled beer ($4-$5) and mixed drinks ($6.50-$9). We’re told the owners plan to avoid cover charges (amen!), admitting their drinks are a bit costly. We can’t wait to sample the martini menu (available in about a week), featuring drinks like the Carrot Cake topped with whipped cream, graham cracker crumbs and carrot shavings, served in a frosting-rimmed glass. Or try the Dirty Sicilian: a classic dirty with pepperoni-stuffed olives.

Crowd: Slightly conservative and mature, in their late 20s-30s. We saw khaki shorts or jeans with button-downs, polos and T-shirts on guys; and camis or tanks with jeans on girls.

Music: House and electronic lounge tunes played opening weekend, but look for a DJ to set up by the back bar soon.

Service: Bartenders were extremely polite and friendly, explaining the lack of a drink menu and offering us suggestions.

Bottom Line: It’s an excellent first spot from new owners. That said, overly ambitious plans could give the hang growing pains. Don’t try to do too much, guys. Stay focused, and the locals will keep lining the bar.

Suite Lounge

1446 N. Wells St.

312-787-6103

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kmbudell@tribune.com