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2300 S Archer Ave
Chicago, IL 60616 Chinatown

$349,000 USD

Storefront Retail Residential Condo For Sale  •  1,221 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 46,701 SF
  • Lot Size 1.13 AC
  • Building Class B
  • Year Built 2019
  • Tenancy Multiple
  • Zoning PMD-11
70 Transit Score
93 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 206 Retail 1,221 SF $349,000 USD
  • Unit Size: 1,221 SF
  • Condo Use: Retail
  • Price: $349,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $285.83 USD
Description
2nd floor Commercial Condo located in newly built plaza.

Sale Notes
Seize this incredible opportunity( asking for $349,000 , that's $5.95 psf !!!) to own a 1,221 sq. ft. retail space on 2nd level of bustling 2-story retail plaza. Strategically located at the high-traffic intersection of Archer Ave and Canal Street, right at the edge of Chicago's growing Chinatown area, this spot guarantees exceptional visibility and accessibility. With 48 retail spaces, 74 convenient parking spots, and two loading zones, this plaza is already becoming a hotspot, with many thriving businesses settled in. The space is ready for occupancy and offers boundless possibilities for a variety of ventures-don't let someone else claim it before you do! 2024 estimated property taxes are approximately $9,392.57, and monthly assessments of about $415.68 cover key services like common area utilities, snow removal, roof maintenance, common HVAC, exterior upkeep, cleaning, and common insurance. Act fast-this is a can't-miss chance to position your business for success!

Financial Summary

Total Expenses: $0 USD

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Food Court
  • Restaurant
  • Enclosed Mall
  • Accent Lighting
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Halsted Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 19 min 1.0 mi
Mccormick Place Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra), South Shore Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Cermak-Chinatown Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 9 min 0.5 mi
Halsted Station (Orange Line) (Orange Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 10 min 0.6 mi
Cermak-Mccormick Place (Green Line - Chicago Transit Authority) 1 min 18 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 14 min - 7.5 mi
Chicago O'Hare International 30 min - 19.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 76
Type: Surface
Included in Rent: Yes
Daniel Kong 312-945-8818 Richland Global Inc.
Daniel Kong 312-945-8818 Richland Global Inc.