The restaurant first opened its doors on State Street in 1978, and now welcomes guests to more than 66 worldwide locations, according to its website.
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The company said the COVID-19 pandemic and bans on indoor dining are to blame for it shutting its doors on the Near North Side.
Morton's will work to relocate employees.
RELATED: Hamburger Mary's Chicago to close its doors after 15 years in Andersonville
Hamburger Mary's Chicago to close its doors after 15 years in Andersonville
Chicago restaurant owners are trying to extend outdoor dining as temperatures drop, but a group of them is asking Mayor Lori Lightfoot to reopen indoor dining in the city, even as COVID-19 cases surge.
"It's time for the city to stop scapegoating restaurants for the virus," said Roger Romanelli, with the Fulton Market Association.