Fully Equipped Restaurant with Bar

416 W Ontario Street Chicago, IL 60654

416 W Ontario Street, Chicago, IL, 60654
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FOR SALE
Property Type:
Restaurant
Amount:
$675,000
Last Verified:
Nov 21, 2024

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Highlights

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

Description

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.

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.


Year Built: 1923
Building Size: 2797sq ft
Lot Size: 0 acres


Documents

416 W Ontario | OM


Map of 416 W Ontario Street, Chicago, IL, 60654

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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