416 W Ontario Street #C-1 — Chicago, IL 60654
Active
Chicago, IL 60654

416 W Ontario Street #C-1

$848,888
0 beds · 0 baths
230 days on market $35,299/yr taxes
01About this home

****** FOR LEASE or FOR SALE ****** Turnkey Restaurant Space | Approx. 4,300 SF | Fully Equipped | River North ****** Bring your concept and OPEN IMMEDIATELY - this is a rare opportunity to own a fully built-out, fully equipped, turnkey restaurant space in the heart of River North, one of Chicago's most sought-after dining and nightlife destinations with Seating for 50+ ************** Located on the ground floor of a boutique loft building at 416 W Ontario St, Unit C 1 offers approx. 4,300 sq ft of restaurant space with 15-foot ceilings, exposed brick, and outstanding street-level visibility. This space comes complete with EVERYTHING you need to start operating TODAY!!!! ************ This exceptional retail condo in the heart of River North, formerly a restaurant, presents a prime opportunity for a variety of retail uses or to continue as a dining establishment. * The space is in immaculate, turn-key condition, with much of the furniture, fixtures, and equipment already in place. * Covering 2,797 square feet, the property boasts soaring ceilings that create an open, welcoming atmosphere. * The thoughtfully designed layout includes two ADA-compliant restrooms and a delightful outdoor seating area, perfect for alfresco dining!! ************** Truly Turnkey - What's Included: * Full commercial kitchen: 22' ventilation hood, cook line, walk-in cooler, prep station, dishwashing area * All kitchen equipment: Ranges, ovens, fryers, sinks, refrigeration units - ready to go * Dining room furnishings: Tables, chairs, host stand, bar equipment * All smallware's: Plates, bowls, silverware, glassware, cooking tools, serving utensils - all included * Two ADA-compliant restrooms * Outdoor patio seating permitted - ideal for seasonal alfresco dining * Central air conditioning, wood flooring, and loft-style architectural details * Includes FF&E package (Furniture, Fixtures & Equipment) turnkey for restaurant use ***************** Location, Location, Location * Situated in bustling River North just steps from LaSalle & Ontario * Surrounded by established restaurants, nightlife, galleries, and high-end residences * Heavy foot traffic, strong daytime office and evening dining population * Easy access to CTA, expressways, and downtown ******************* Space Details * Total Size: Approx. 4,300 SF * Built-Out Area: Approx. 2,797 SF fully finished dining + kitchen area * Zoning: B3 - ideal for restaurant, retail, lounge, or cafe * Previously operated as a full-service restaurant - no costly buildout delays ************ Perfect For: * Restaurateurs ready to launch a new concept without the upfront cost * Established operators expanding to a second (or third) location * Franchisees looking for a downtown Chicago footprint * Investors seeking a plug-and-play restaurant property ******************* Move Fast * Inventory like this doesn't come along often in the heart of River North, one of Chicago's most sought-after dining and nightlife destinations. * Save time, save money, and skip the buildout headaches - this space is truly ready for your team to unlock the doors and start serving on Day One!! **************** CALL today to schedule a private tour and see firsthand what makes 416 W Ontario #C 1 a standout opportunity in the Chicago market ******* FOR SALE or FOR LEASE ********

02Inside the home
03By the numbers
$848,888
List price
Square feet
Bedrooms
Bathrooms
2003
Year built
Lot size
Garage spaces
$35,299
Annual taxes
Retail/Stores
Style
230
Days on market
04Features
Cooling
Central Air
05Neighborhood
  • SIFR 600 ft
  • Kai Sushi 600 ft
  • Obélix 650 ft
  • Mr. Beef on Orleans 650 ft
  • The Drifter Chicago 700 ft
  • The Green Door Tavern 700 ft
  • Circle K 0.3 mi
  • BP Shop 0.3 mi
  • Millenial Mart 0.3 mi
  • BP Shop 0.4 mi
  • Jewel-Osco 0.4 mi
  • 7-Eleven 0.5 mi
  • Montgomery Ward Park 950 ft
  • Jesse White Park 0.3 mi
  • Fulton River Park 0.4 mi
  • Wolf Point Riverwalk 0.4 mi
  • theMart River Park 0.4 mi
  • Riverpoint 0.5 mi
  • Peet's Coffee 650 ft
  • Caribou Coffee 700 ft
  • Starbucks 0.2 mi
  • Dunkin' 0.3 mi
  • Starbucks 0.3 mi
  • Heritage Outpost 0.3 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 8, 2026
Listed for sale
Charles Rutenberg Realty of IL · 156 days on market
$848,888
Jan 5, 2026
Listed for sale
Charles Rutenberg Realty of IL
$848,888
Oct 23, 2025
Listed for saleThis listing
Charles Rutenberg Realty of IL
$848,888
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Charles Rutenberg Realty of IL · Larry Lazar · 312-933-7822
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12501296
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