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Ad #7073041
MLS #12540273
Listing photo

***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx

416 W Ontario St C-1, Chicago, IL 60654
$848,888
--Beds
--Baths
--Sqft
0.12Acres

About this property

***** FOR SALE or LEASE **** 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 LEASE or SALE ********

Property Features

0 Beds
0 Baths
0 Sqft
Built in 2003
0.12 Acres
1 Story
$35,299 / yr property tax
Cook County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Larry Lazar

Charles Rutenberg Realty

630-929-1100

Location

Map
Listing Agent: Larry Lazar 630-929-1100
Broker: Charles Rutenberg Realty 630-929-1100 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Nov 8, 2026

Photo Gallery

***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 1
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 2
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 3
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 4
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 5
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 6
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 7
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 8
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 9
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 10
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 11
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 12
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 13

$848,888

--
Beds
--
Baths
--
Sqft

416 W Ontario St C-1, Chicago, IL 60654

By contacting this agent you agree to these Terms and Conditions.
Home Illinois Chicago
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 1
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 2
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 3
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 4
***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx - photo 5
MLS# 12540273
Commercial For Sale
$848,888

416 W Ontario St C-1, Chicago, IL 60654

--
Beds
--
Baths
--
Sqft
0.12
Acres
-- Beds
-- Baths
-- Sqft
0.12 Acres

***** FOR SALE or LEASE **** Turnkey Restaurant Space | Approx

***** FOR SALE or LEASE **** 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 LEASE or SALE ********
307 days
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Property Details

HOME DETAILS

0 Beds
0 Baths
0 Sqft
Built in 2003
0.12 Acres
1 Story

FINANCIAL & COMMUNITY

$35,299 / yr property tax
Cook County

Location

Map
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Ad Statistics

Ad Number
7073041
Viewed
405 times
Listing Status
Active
Added
Jan 05, 2026
Last Refreshed
Nov 08, 2026 09:56:05 PM

Listing Information

Data Source
Midwest Real Estate Data, LLC
Source Property ID
12540273
Listing Agent: Larry Lazar 630-929-1100
Broker: Charles Rutenberg Realty 630-929-1100 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 Wheelchair-accessible Housing & Universal Design Homes at Barrier Free Home
Part of Dream Home Network, Inc.
Last updated on 2026.11.08
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