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Ground-Floor Office Units

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

For Sale
$848,888

Configured with private offices, workstations, conference rooms, and accessible restrooms.

Property Size4,300 SF
Price / SF$197.42
Days on Market315

Property Features for 416 W Ontario Street Unit C-1

General Information

Standard status Active
Size 4,300 SF
Property subtype COMMERCIAL

Site & Location

Neighborhood River North

Taxes and HOA fees

Annual Taxes $35,299

Building Details

Building Size 4,300 SF
Year Built 2003
Listing Agency: Charles Rutenberg Realty of IL 312-933-7822 Overview Additional information MLS R ID 12540273 Interior features Bedrooms 0 Cooling Yes Exterior features Lot Size 0.11 Acres Other property details Taxes $35,299 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Larry Lazar with Charles Rutenberg Realty of IL 312-933-7822
Listed By: Larry Lazar
Source: Dawnmckennagroup
Added: Jan 4 Changed: Nov 7 Last Checked: Nov 12 at 6:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty of IL 312-933-7822 Overview Additional information MLS R ID 12540273 Interior features Bedrooms 0 Cooling Yes Exterior features Lot Size 0.11 Acres Other property details Taxes $35,299 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Larry Lazar with Charles Rutenberg Realty of IL 312-933-7822

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Investment Insights

Based on property information with market context.

This 4,500-square-foot office configuration occupies ground and upper levels within a larger mixed-use building. The first floor includes a reception area, 15 cubicles, four workstations, a conference room, three handicap-accessible bathrooms, and a recently renovated kitchen with newer cabinets and crown molding. A handicap lift provides access to the upper floor when needed.

The second level adds seven private offices, two large conference rooms, and a teaming room. Constructed in 2003, the property is located in Chicago’s River North area near major highway access, stores, and restaurants.

Key Highlights

  • 4,500‑square‑foot office configuration within a larger mixed‑use building
  • First floor includes 15 cubicles, 4 workstations, and a reception area
  • Second level features 7 private offices and 2 large conference rooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

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

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Buffet Pet Grooming Service Adult Day Care Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16,090
Businesses Nearby

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office Units in Chicago, IL

$178 Jul
$195 Aug
$166 Sep
$179 Oct

Properties on Market for Office Units in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Configured with private offices, workstations, conference rooms, and accessible restrooms.
Where is this office unit located?
The property is located at 416 W Ontario Street 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: 4,500‑square‑foot office configuration within a larger mixed‑use building; First floor includes 15 cubicles, 4 workstations, and a reception area; Second level features 7 private offices and 2 large conference rooms
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