416 W Ontario St, Unit C-1 Chicago, IL 60654

This approximately 4,300-square-foot turnkey restaurant space is available for lease or sale in the heart of River North. The space, formerly a restaurant, is located on the ground floor of a boutique loft building and features 15-foot ceilings, exposed brick, and street-level visibility. The built-out area covers approximately 2,797 square feet and includes a fully finished dining and kitchen area. The property is in immaculate, turn-key condition, with much of the furniture, fixtures, and equipment already in place. It is equipped with a full commercial kitchen including a 22-foot ventilation hood, cook line, walk-in cooler, prep station, and dishwashing area, as well as ranges, ovens, fryers, sinks, and refrigeration units. The dining room furnishings include tables, chairs, a host stand, and bar equipment, along with plates, bowls, silverware, glassware, cooking tools, and serving utensils. The thoughtfully designed layout includes two ADA-compliant restrooms and an outdoor seating area suitable for alfresco dining. The property is located in bustling River North, steps from LaSalle & Ontario, surrounded by established restaurants, nightlife, galleries, and high-end residences, with heavy foot traffic and a strong daytime office and evening dining population. Zoning is B3, making it ideal for a restaurant, retail, lounge, or cafe. It is suitable for restaurateurs ready to launch a new concept, established operators expanding to a second or third location, franchisees looking for a downtown Chicago footprint, or investors seeking a plug-and-play restaurant property.