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Listing provided courtesy of Richland Global IncMREDas Distributed by MLSGrid- MLS# 12490490MLS Provider

2300 S Archer Avenue #206Chicago, IL 60616

Commercial · 1,221 Sq. ft.
$349,000 Active

2300 S Archer Avenue #206 Overview

Time on Site:
265 days
Visits:
2

Seize this incredible opportunity( asking for $349,000 , that's $285.83 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 property taxes are $8,943.79, 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!

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2300 S Archer Avenue #206 Facts & Features

  • Type Commercial
  • Sq. ft. 1,221
  • Price/Sq.ft. $286

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2018

Business Information

  • Business Type: Retail

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Armour Square
  • Township: South Chicago

Tax Information

  • Tax Annual Amount: $8,943.79
  • Tax Year: 2024

General Information

  • Parcel Number: 17281040401023
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1221

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Flooring: Concrete
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 1221
  • Stories: 2

Unit Information

  • Unit SqFt.: 1221
  • Unit Number: 206

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 387X510X199
  • Lot Size Square Feet: 49113

Building Exterior/Construction

  • Construction Materials: Concrete

General Information

  • Number Of Units Total: 48

2300 S Archer Avenue #206 Neighborhood

Community

60616 (Chicago) Demographics

38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2300 S Archer Avenue #206 Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2300 S Archer Avenue #206 Market Data

Based on the last 30 days in this zip code

$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

2300 S Archer Avenue #206 History

Date Event Value Agent
10/12/2025Source: MRED Status Change
Active
10/7/2025Source: MRED Added to Database
October 07, 2025