Fully Equipped Restaurant with Bar

416 W Ontario Street, Chicago, IL 60654

  • For Sale $675,000
  • Property Type Retail - Restaurant
  • Property Size 2,797 SF
  • Units 1
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1923
  • Date Updated Nov 26, 2024
Located at 416 W Ontario, this retail space is nestled in the heart of Chicago's vibrant River North neighborhood. Known for its lively art scene, upscale dining, and boutique shopping, River North attracts a diverse and affluent clientele. This prime location offers excellent visibility and foot traffic, with close proximity to major attractions like the Merchandise Mart and the Chicago Riverwalk. Easy access to public transportation and major highways makes it convenient for both locals and visitors. This is an ideal spot for a business looking to thrive in one of Chicago's most dynamic areas. Surrounded by Rooftops & Businesses. The property boasts excellent connectivity with easy access to the Chicago Business District, Gold Coast, Old Town, and other prominent areas. Its strategic location just west of the I-90 Kennedy Expressway Feeder ramp ensures seamless travel for commuters and visitors, enhancing its accessibility. River North is known for its dynamic atmosphere, blending cultural richness with modern amenities. This hotspot is a sought-after destination for dining, entertainment, and retail, offering an attractive environment for both living and business endeavors.Former restaurant with FF&E included, presents a prime opportunity for a turn-key opportunity for a new restaurant concept or for variety of retail uses. 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. The state-of-the-art kitchen is equipped with a 22-foot hood, a spacious walk-in cooler, a dedicated dish room, and ample storage space. The dining area comfortably seats approximately 50 guests indoors, with additional outdoor seating to enjoy the lively neighborhood ambiance. Located in one of Chicago's most sought-after areas, this property is the perfect setting for a successful restaurant, offering both functionality and an inviting environment for patrons.
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Attachments

Highlights

  • Retail/Office/Restaurant
  • Black Iron In Place
  • FF & E Included
  • Prime River North Location
  • Outdoor Seating Available
  • 15' Ceilings
  • Seating for 50+

Contacts

broker

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise
  • Transit Score ®

    93/100 Rider's Paradise
  • Bike Score ®

    87/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood River North
  • Zip Code 60654
  • Market Chicago

Points of Interest

  • Chicago

    0.28 miles

  • Merchandise Mart

    0.42 miles

  • Grand

    0.47 miles

  • Clinton

    0.54 miles

  • State/Lake

    0.78 miles

  • Morgan

    0.83 miles

  • Lake

    0.84 miles

  • Millennium Station

    0.97 miles

  • Quincy

    1.05 miles

  • Adams/Wabash

    1.16 miles

  • Shell

    0.26 miles

  • BP

    0.32 miles

  • Exxon

    0.82 miles

  • Volta

    0.99 miles

  • Blink

    0.99 miles

  • City od Chicago Fuel Site 010

    1.04 miles

  • Tesla Supercharger

    1.10 miles

  • Marathon

    1.19 miles

  • ChargePoint

    1.22 miles

  • Blink ParkChip Garage - 1035 Van Buren

    1.36 miles

  • Public Parking

    0.17 miles

  • Ohio Public Parking

    0.21 miles

  • Orleans-Hubbard Self Park

    0.26 miles

  • Anti-Cruelty Society Parking

    0.32 miles

  • Mart Center Self-Park

    0.32 miles

  • The Sterling Self Park

    0.49 miles

  • Mid City Parking Lot

    0.53 miles

  • Grand Plaza parking

    0.54 miles

  • The Rug Company

    0.54 miles

  • 225 Wacker Self Park

    0.55 miles

  • Hutch American Cafe

    0.00 miles

  • Brunch

    0.10 miles

  • SIFR

    0.11 miles

  • Kai Sushi

    0.11 miles

  • Entente

    0.11 miles

  • Mr. Beef on Orleans

    0.12 miles

  • The Green Door Tavern

    0.13 miles

  • Club Lago

    0.18 miles

  • Union Sushi + Barbeque Bar

    0.20 miles

  • The Franklin Room

    0.21 miles

  • Target

    0.32 miles

  • The Merchandise Mart

    0.39 miles

  • Jewel-Osco

    0.45 miles

  • Whole Foods Market

    0.59 miles

  • Chicago French Market

    0.66 miles

  • Trader Joe's

    0.67 miles

  • Potash Markets - State Street

    0.68 miles

  • Neiman Marcus

    0.68 miles

  • Nordstrom

    0.69 miles

  • The Shops at North Bridge

    0.70 miles

Frequently Asked Questions

How much does Fully Equipped Restaurant with Bar cost?

The space currently listed for sale at Fully Equipped Restaurant with Bar asks for $675,000.

What is the total square footage of Fully Equipped Restaurant with Bar?

Fully Equipped Restaurant with Bar totals 2,797 square feet.

When was this property built?

Fully Equipped Restaurant with Bar was built in 1923.

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Contact Listing Broker
broker

SVN | Chicago Commercial