2300 S Archer Avenue #206
Chicago, IL 60616

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Description

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!

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60616
• Year Built: 2018
• Sq.Ft.: 1,221 sq ft
• Stories: 2
• Units: 48 units
• Zoning: COMMR
• # Of Drive In Doors: 1
• Building Area Total: 1221
• Construction Materials: Concrete
• Cooling: Central Air
• Directions: South to Archer and Canal Corner
• Electric: Service - 101 to 200 Amps
• Estimated Cam/Sf: 4.08
• Fire Protection: Alarm Monitored, None
• Flooring: Concrete
• Foundation Details: Concrete Perimeter
• Heat/Ventilation: Ceiling Units, Central Heat/Indiv Controls
• Information: 24-Hr Notice Required
• Investment (Y/N): Yes
• Leasable Area: 1221
• Leasable Area Units: Square Feet
• Lot Size Square Feet: 49113
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 1221
• Misc Inside: Public Restroom/s
• Outdoor Parking: 31-50 Spaces
• Property Offered: For Sale Only
• Tax Annual Amount: 8943.79
• Tax Year: 2024
• Township: South Chicago