Equipped Restaurant Space For
For Lease
$20 SF/Yr
434 W Ontario Street #4, Chicago, IL 60610
Second-generation restaurant space with fully equipped kitchen and banquet room.
Space SizeContact for details
Days on Market452
Property Features for 434 W Ontario Street #4
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$162,330
Building Details
Year Built
1924
Listing Agency:
COLDWELL BANKER REALTY
(312) 915-4722
Listed By:
BRUCE HELLER · License #471007740
Source:
Corcoran
Added: May 30, 2025
Changed: Mar 16
Last Checked: Aug 24 at 7:50AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This second-generation restaurant space features a fully equipped kitchen that includes two commercial stoves (10-burners), a commercial grill, two fryers, a salamander, several prep stations, multiple ovens, and a pizza oven. The property also includes a lower-level banquet room with its own commercial bar, an individually-controlled HVAC unit, a wine cellar, and a separate secure liquor cage. There are several walk-in coolers and freezers, a dry pantry, and multiple ice makers. The space is equipped with black iron and is in move-in condition. The entry area features 15-foot ceilings and an audio system. The property is located on the first floor, encompassing approximately 4,082 square feet, with an additional approximately 2,500 square feet on the garden level. It has 600 AMP electric service. The office area includes a safe. The previous tenant had an outdoor patio setup. The furniture shown in the photos is available.
Key Highlights
- Fully equipped, move‑in ready 2nd generation restaurant space with EXTENSIVE commercial kitchen equipment.
- Includes a lower‑level banquet room with a commercial bar, wine cellar, and separate secure liquor cage.
- Features multiple walk‑in coolers/freezers, a dry pantry, and several ice makers.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
16,090
Businesses Nearby
285k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Groceries 20%
Hotels & Casinos 16%
Shops & Services 11%
McDonald's
Dining
65,567 visits/mo
0.4 miles
Jewel-Osco
Groceries
37,290 visits/mo
0.4 miles
Fogo de Chao
Dining
28,749 visits/mo
0.4 miles
Hyatt Place Chicago/River North
Hotels & Casinos
22,052 visits/mo
0.5 miles
Binny's Beverage Depot
Groceries
18,399 visits/mo
0.3 miles
Demographics for 60610, IL
43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$26.83 /SF/Yr
Avg Asking Price
$16–$64.99 /SF/Yr
Price Range
14,748 SF
Avg Space Size
This space is priced 25% below the average of $26.83 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Second-generation restaurant space with fully equipped kitchen and banquet room.
Where is this restaurant located?
The property is located at 434 W Ontario Street #4 Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Fully equipped, move‑in ready 2nd generation restaurant space with EXTENSIVE commercial kitchen equipment.; Includes a lower‑level banquet room with a commercial bar, wine cellar, and separate secure liquor cage.; Features multiple walk‑in coolers/freezers, a dry pantry, and several ice makers.
