416 W Ontario Street Chicago, IL 60654

Located in the heart of Chicago's River North, this turnkey restaurant space offers approximately 4,300 square feet and is situated on the ground floor of a boutique loft building. The space features 15-foot ceilings, exposed brick, and excellent street-level visibility. Previously operated as a full-service restaurant, the property is move-in ready and ideal for restaurateurs, established operators, franchisees, or investors. The built-out area covers approximately 2,797 square feet and includes a fully finished dining and kitchen area. The space is equipped with a full commercial kitchen featuring a 22-foot ventilation hood, cook line, walk-in cooler, prep station, and dishwashing area. All kitchen equipment, including ranges, ovens, fryers, sinks, and refrigeration units, is included, along with dining room furnishings such as tables, chairs, a host stand, and bar equipment. The property also includes smallwares such as plates, bowls, silverware, glassware, cooking tools, and serving utensils. The layout features 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 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. The zoning is B3, making it suitable for a restaurant, retail, lounge, or cafe.