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    33 Ontario St Chicago, IL 60654

    Sponsored
    For Lease
    Contact for pricing

    Prime Chicago location, multiple suites, ample parking.

    Lot size:
    11,023 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail and restaurant space at 33 West Ontario Street in Chicago's vibrant River North neighborhood offers an unparalleled opportunity. The property, built in 2003, boasts a total of 11,023 square feet across two suites, with 9,765 square feet currently vacant. Individual spaces range from a minimum of 3,185 square feet to a maximum contiguous space of 9,765 square feet, providing flexibility for various business needs. The building features convenient access via elevators and an impressive 1400 parking spaces, a significant advantage in this high-traffic area. Its location directly across from the renowned Tao restaurant places it within a highly desirable and established commercial corridor, surrounded by acclaimed restaurants and hotels. This prime River North address offers exceptional visibility and foot traffic, making it an ideal location for a variety of retail or restaurant concepts. The building is six stories tall and situated in Cook County, Illinois, with a zip code of 60654. This is a rare opportunity to secure a prominent space in one of Chicago's most sought-after neighborhoods.

    Property Features for 33 Ontario St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,023 SF
    Class
    A

    Building Details

    Year Built
    2003
    Stories
    60

    Unit(s) available at that property

    Space
    Space B
    Size
    3,185 SF
    Space
    Space A
    Size
    6,580 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    ShyTown Fitness, Inc. Personal Trainer 33 W Ontario ... Parking Garage Chicago Parking Garage Parking Garage Nick Roy l ... Magician Nomad Credit Market

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6291864
    Latitude
    41.8931144

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    FAQs

    What type of property is this?
    Restaurant - Prime Chicago location, multiple suites, ample parking.
    Where is this restaurant located?
    The property is located at 33 Ontario St Chicago, IL.
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    33 Ontario St Chicago, IL 60654
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    Chicago, IL 60654
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33 Ontario St Chicago, IL 60654
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