Second-Generation Restaurant
For Lease
$19 SF/Yr
434 W Ontario Street Unit restaurant, Chicago, IL 60610
Fully equipped restaurant space includes a banquet room, commercial bar, extensive kitchen equipment, and dedicated storage areas.
Space SizeContact for details
Days on Market107
Property Features for 434 W Ontario Street Unit restaurant
General Information
Standard status
Active
Property subtype
COMMERCIAL
Space & Availability
Floor
1 + Garden Level
Space Use
Restaurant
Furnished
Yes
Additional Details
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$114,107
Building Details
Year Built
1924
Listing Agency:
Coldwell Banker Realty
(312) 915-4722
Listed By:
Bruce Heller · License #471007740
Source:
Harkinsandassociates
Added: Apr 25
Changed: Aug 1
Last Checked: Aug 9 at 11:48AM
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 property combines approximately 4,082 SF on the 1st Floor with an additional approximately 2,500 SF at garden level. The kitchen is equipped with 2 commercial stoves totaling 10 burners, a commercial grill, 2 fryers, a salamander, multiple ovens, a pizza oven, prep stations, black iron, and several ice makers. Supporting facilities include walk-in coolers and freezers, a dry pantry, wine cellar, secure liquor cage, office with safe, and individually controlled HVAC.
The lower level includes a banquet room with its own commercial bar. The space also features 15-foot ceilings in the entry, an audio system, furniture that remains with the premises, and 600 AMP electric service. A prior outdoor patio setup is noted in the property information. Built in 1924, the property is located at 434 W Ontario Street in Chicago.
The lower level includes a banquet room with its own commercial bar. The space also features 15-foot ceilings in the entry, an audio system, furniture that remains with the premises, and 600 AMP electric service. A prior outdoor patio setup is noted in the property information. Built in 1924, the property is located at 434 W Ontario Street in Chicago.
Key Highlights
- Approximately 4,082 SF on the 1st Floor plus approximately 2,500 SF at garden level
- Kitchen includes 2 commercial stoves with 10 burners, grill, 2 fryers, salamander, ovens, and pizza oven
- Lower‑level banquet room with dedicated commercial bar
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
16,090
Businesses Nearby
285k
Monthly Visits Nearby
Under-served
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
$31.74 /SF/Yr
Avg Asking Price
$18–$55 /SF/Yr
Price Range
5,036 SF
Avg Space Size
This space is priced 40% below the average of $31.74 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant space includes a banquet room, commercial bar, extensive kitchen equipment, and dedicated storage areas.
Where is this conventional restaurant located?
The property is located at 434 W Ontario Street Unit restaurant Chicago, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Approximately 4,082 SF on the 1st Floor plus approximately 2,500 SF at garden level; Kitchen includes 2 commercial stoves with 10 burners, grill, 2 fryers, salamander, ovens, and pizza oven; Lower‑level banquet room with dedicated commercial bar
