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

Sponsored
For Sale
$798,888

COMMERCIAL - Chicago, IL

Type:Retail
Property size:
4,300 SF
Lot size:
0.11 Acres
Days on Market:
23
Last Refresh:
Feb 21 at 5:06 am

Property Features for 416 W Ontario St

General Information

Property type
Commercial Sale
Property subtype
Retail
Standard status
Active
APN
17091270361235
Size
4,300 SF
Lot size
0.11 Acres

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 30, 2026

MLS# 12540273

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 Chicago's River North neighborhood, this turnkey restaurant space offers approximately 4,300 square feet, with a built-out area of approximately 2,797 square feet. The property features 15-foot ceilings, exposed brick, and street-level visibility. The space 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. Dining room furnishings include tables, chairs, a host stand, and bar equipment, along with plates, bowls, silverware, glassware, cooking tools, and serving utensils. The layout includes two ADA-compliant restrooms and an outdoor seating area. Additional features include central air conditioning, wood flooring, and loft-style architectural details. The property is situated in a high-traffic area near established restaurants, nightlife, galleries, and high-end residences, with easy access to public transportation and expressways. The zoning is B3, making it suitable for a restaurant, retail, lounge, or cafe. The space previously operated as a full-service restaurant. 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 ... 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.

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 $798,888.
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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