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416 W Ontario St
Chicago, IL 60654 River North

$675,000 USD

Apartments Condo For Sale  •  2,797 SF

Property Details

  • Property Type Apartments
  • Total Building Size 210,000 SF
  • Lot Size 0.55 AC
  • Building Class B
  • Year Built 1998
  • Zoning B7-5., DX-7 Chicago
95 Transit Score
96 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Ground Office/Retail 2,797 SF $675,000 USD
  • Unit Size: 2,797 SF
  • Condo Use: Office/Retail
  • Price: $675,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $241.33 USD
Description
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.

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.

Sale Notes
Commercial condo sale.

Description 

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.

Highlights

Ground Floor Retail/Office/Restaurant Offering
Black Iron In Place
Currently Built Out Restaurant
Prime River North Location
Outdoor Seating Available
15' Ceilings and Seating for 50+

Property Flyers

Amenities

  • 24 Hour Access
  • Balcony
  • Dishwasher
  • Fireplace
  • Fitness Center
  • Microwave
  • Property Manager on Site
  • Storage Space
  • Washer/Dryer
  • Doorman
  • Double Vanities
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Bicycle Storage
  • Elevator
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min 19 min 1.0 mi
Chicago Union Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra), Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra), SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 1.4 mi
Transit/SubwayDriveWalkDistance
Chicago Avenue Station (Brown, Purple Lines) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 6 min 0.3 mi
Merchandise Mart Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 11 min 0.6 mi
Grand Avenue Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 12 min 0.7 mi
Grand Avenue Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 13 min 0.7 mi
Clinton Station (Green, Pink Lines) (Green Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 16 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 20 min - 11.5 mi
Chicago O'Hare International 27 min - 17.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Paul Cawthon 312-676-1878 SVN | Chicago Commercial
Paul Cawthon 312-676-1878 SVN | Chicago Commercial