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

Sponsored
For Sale
$848,888

COMMERCIAL - Chicago, IL

Type:Retail
Lot size:
0.11 Acres
Days on Market:
3
Last Refresh:
Jan 7 at 3:06 am

Property Features for 416 W Ontario St

General Information

Property type
Commercial Sale
Property subtype
Retail
Standard status
Active
APN
17091270361235
Lot size
0.11 Acres

Utilities

Cooling system
Central Air

Building Details

Year built
2003
Floors in Building
1

Charles Rutenberg Realty (630) 929-1100 [email protected]

Listing agent Larry Lazar (312) 933-7822

Listing date Jan 5, 2026

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.


Overview

Turnkey Restaurant Space in River North

Located in the heart of Chicago's River North neighborhood, this turnkey restaurant space offers approximately 4,300 square feet and is fully equipped for immediate operation. The space, situated on the ground floor of a boutique loft building, 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 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 property 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. The space has central air conditioning, wood flooring, and loft-style architectural details. The zoning is B3, making it suitable for a restaurant, retail, lounge, or cafe. The property is located steps from LaSalle & Ontario, surrounded by established restaurants, nightlife, galleries, and high-end residences, with heavy foot traffic and easy access to CTA, expressways, and downtown. This property 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 ... Coffee Store Boca Loca Cantina ... Mexican Restaurant KaleidoServe Youth Organization

Suggested Use

Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

Location Insight

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

FAQs

What type of property is this?
Turn key restaurant - Fully equipped restaurant space in Chicago's River North neighborhood.
Where is this turn key restaurant located?
The property is located at 416 W Ontario St, Unit C-1 Chicago, IL.
What is the asking price?
The asking price for this property is $848,888.
What are key features of this property?
This property features: - Turnkey Restaurant Space: Fully equipped and ready for immediate operation.; - Prime River North Location: Situated in a high-traffic area.; - Fully Built-Out: Includes a 2,797 SF finished dining and kitchen area.
More about this property
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