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

Sponsored
For Lease
$848,888

COMMERCIAL - Chicago, IL

Type:Retail
Days on Market:
29
Last Refresh:
Feb 2 at 5:06 pm

Property Features for 416 W Ontario St

General Information

Property type
Commercial Lease
Property subtype
Retail
Standard status
Active

Utilities

Cooling system
Central Air

Building Details

Year built
2003
Floors in Building
1

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Listing Contact
Larry Lazar
Larry Lazar

Charles Rutenberg Realty (630) 929-1100

Listing agent Larry Lazar (312) 933-7822

Listing date Jan 5, 2026

MLS# 12501296

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Turnkey Restaurant Space in River North

Located in the heart of River North, this turnkey restaurant space offers approximately 4,300 square feet and is fully equipped for immediate operation. The space features 15-foot ceilings, exposed brick, and street-level visibility. The built-out area covers approximately 2,797 square feet, including a fully finished dining and kitchen area. The property includes a full commercial kitchen with a 22-foot ventilation hood, cook line, walk-in cooler, prep station, and dishwashing area. All kitchen equipment, such as ranges, ovens, fryers, sinks, and refrigeration units, is included, along with dining room furnishings like tables, chairs, a host stand, and bar equipment. The space also comes with smallwares, including plates, bowls, silverware, glassware, cooking tools, and serving utensils. There are two ADA-compliant restrooms and an outdoor patio seating area. Central air conditioning, wood flooring, and loft-style architectural details enhance the space. The zoning is B3, making it suitable for a restaurant, retail, lounge, or cafe. The property is situated steps from LaSalle & Ontario, surrounded by established restaurants, nightlife, galleries, and high-end residences, benefiting from heavy foot traffic and a strong daytime office and evening dining population. It offers easy access to CTA, expressways, and downtown. This space is ideal for restaurateurs, established operators, franchisees, or investors seeking a plug-and-play restaurant property.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Kaleidoscope Group Business Management Consultant Hutch American Cafe ... Specialty Food Shop Boca Loca Cantina ... Restaurant KaleidoServe Child Welfare Organization

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

One Eleven Events, 1st & Fresh Catering, Just Like Home Catering, Luke's Lobster City Hall, Exquisite Soulz LLC

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6394214
Latitude
41.8933514

FAQs

What type of property is this?
Restaurant - Fully equipped restaurant space in Chicago's River North neighborhood.
Where is this restaurant located?
The property is located at 416 W Ontario St, Unit C-1 Chicago, IL.
What are key features of this property?
This property features: - Turnkey Restaurant Space: Fully equipped with a commercial kitchen, dining room furnishings, and smallwares.; - Prime River North Location: Situated in a high-traffic area surrounded by restaurants, nightlife, and residences.; - Fully Built-Out: Features a finished dining and kitchen area.
More about this property
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