416 W Ontario Street, Chicago, IL 60654
COMMERCIAL - Chicago, IL
- Added:
- Jan 4, 2026
- Days on Market:
- 163
- Last Refresh:
- Jun 16 at 9:06 pm
Property Features for 416 W Ontario Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 17091270361235
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 35299
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2003
- Floors in Building
- 1
Listing agent Larry Lazar License #475189346 (630) 929-1100
Listing office Charles Rutenberg Realty of IL 3135 Book Road, Naperville, IL (630) 929-1100
Listing date Jan 4, 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.
HighLights
- 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.
- Outdoor Seating: Features a delightful area for alfresco dining.
- Versatile Zoning (B3): Ideal for restaurant, retail, lounge, or cafe use.
- Spacious Interior: Offers approximately 4,300 SF of space with 15‑foot ceilings and exposed brick.
Overview
The space is situated at 416 W Ontario Street, Unit C 1 in Chicago’s River North area, with street-level visibility. The property is positioned near LaSalle & Ontario and is surrounded by restaurants, nightlife, galleries, and high-end residences. It also offers access to CTA and expressways for staff and customer convenience.
This asset is a practical fit for restaurateurs seeking a downtown location with a built-out kitchen and dining room already in place, including ADA restrooms and patio seating. It may also work for operators looking for a restaurant-oriented space within an existing retail condo configuration, with the option to keep the operation as a dining concept based on its prior restaurant use and current restaurant buildout.
Current Use by Public Records
Similar Places Nearby
- Market Creations — 101 N Wacker Dr, Chicago, IL 60606
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6394214
- Latitude
- 41.8933514