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Four-Story Restaurant in Brownstone
For Sale
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60 W Ontario St, Chicago, IL 60654

Turnkey multi-story restaurant in a historic Victorian brownstone with an outdoor dining setup from an adjacent parking lot.

Property Size8,900 SF
Days on Market119

Property Features for 60 W Ontario St

General Information

Standard status Active
Size 8,900 SF
Property subtype Retail

Additional Details

Business Included Yes

Amenities

outdoor dining experience

Building Details

Stories 4
Construction Victorian brownstone
Listing Agency: Hilco Global
Listed By: Chet Evans · License #475140596
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 10:46AM

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 Hilco Global

Investment Insights

Based on property information with market context.

Turnkey restaurant opportunity housed in a historic Victorian brownstone, first opened in 1986. The property includes a four-story restaurant space totaling over 8,900± square feet, with an adjacent parking lot that has been transformed to support outdoor dining. The offering is positioned as an on-site, appointment-only showing for serious buyers and operators.

Located at 60 W Ontario St in Chicago’s River North, the site is described as part of a dense dining, arts, and entertainment area. The remarks note proximity to the Chicago Riverwalk, the Merchandise Mart tech hub, House of Blues, and other prominent attractions in and around River North.

For sale as a going-concern restaurant, the asset’s core presentation combines established indoor dining across four floors with an outdoor dining component created from the nearby parking lot.

Key Highlights

  • Longstanding four‑story restaurant opened in 1986 in a historic Victorian brownstone building
  • Property includes 8,900± SF with restaurant space across four stories
  • Adjacent parking lot has been transformed for an outdoor dining setup

Property Analytics

Current Use

Chicago Chop House Restaurant Family Secrets Tour ... Travel Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service Butcher Buffet Tattoo & Piercing Shop

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

32,702
Businesses Nearby
691k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Apparel 20% Hotels & Casinos 18% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.2 miles
Starbucks Dining
132,317 visits/mo 0.3 miles
McDonald's Dining
65,567 visits/mo 0.1 miles
McDonald's Dining
52,443 visits/mo 0.3 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • Market Creations 101 N Wacker Dr, Chicago, IL 60606

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey multi-story restaurant in a historic Victorian brownstone with an outdoor dining setup from an adjacent parking lot.
Where is this conventional restaurant located?
The property is located at 60 W Ontario St Chicago, IL.
What are key features of this property?
This property features: Longstanding four‑story restaurant opened in 1986 in a historic Victorian brownstone building; Property includes 8,900± SF with restaurant space across four stories; Adjacent parking lot has been transformed for an outdoor dining setup
More about this property
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