For Sale
$675,000

416 Ontario St Chicago, IL 60654

Prime River North location, 2,797 sq ft, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 2,797-square-foot commercial condo in Chicago's River North neighborhood is available for $675,000. Located at 416 W Ontario St, this vacant property offers a unique opportunity for owner-users. Previously configured as a restaurant, the space is in turnkey condition, featuring a state-of-the-art kitchen with a 22-foot hood, walk-in cooler, dish room, and ample storage. The layout includes two ADA-compliant restrooms and an attractive outdoor seating area. The interior boasts 15-foot ceilings and comfortably seated approximately 50 guests. The property is zoned DX-7 and sits within a vibrant area known for its upscale dining, art scene, and boutique shopping, offering excellent visibility and foot traffic. Its proximity to the Merchandise Mart, Chicago Riverwalk, public transportation, and major highways ensures convenient access for customers and employees. This building, constructed in 1923, presents a blend of historic charm and modern functionality, making it ideal for a variety of retail uses, including restaurants, storefronts, or traditional office spaces. The property's Cook County APN is 17-09-127-036-1235. This is a rare opportunity to acquire a well-appointed commercial space in one of Chicago's most desirable locations.

Highlights

  • Retail, office, and restaurant space available.
  • Existing black iron infrastructure in place.
  • Turnkey restaurant build-out.
  • Excellent River North location.
  • Outdoor seating area.
  • 15-foot ceilings.

Property Details for 416 Ontario St

Property type
Retail properties, Restaurants
Square Feet
2,797 SF
Year Built
1923
Buildings
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.893131500033
Longitude
-87.639101445118
416 Ontario St, Chicago, Illinois

FAQs

What type of property is this?
Retail property - Prime River North location, 2,797 sq ft, vacant.
Where is the retail property located?
The property is located at 416 Ontario St Chicago, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Retail, office, and restaurant space available.; Existing black iron infrastructure in place.; Turnkey restaurant build-out.
How can I contact the broker?
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416 Ontario St
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