Old Town (sometimes called Old Town Triangle) is bounded by Armitage Avenue on the north, Division Street on the south, Larrabee Street on the west, and Clark Street on the east.[2] It sits inside the community areas of Lincoln Park and the Near North Side, and is part of Chicago's 43rd ward.

The heart of Old Town is Wells Street which hosts an art fair each summer at the same as the Old Town Art Fair.  Wells has numerous condo residences, restaurants and boutiques and is famous for Second City and Zanies comedy.