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Property profile & analytics
OFF-MARKET
Office Spaces

2300 Archer Ave Chicago, IL 60616-1829

Entity Owned Absentee Owner Free & Clear
Property ID
US28-2759691
Property summary
AI-generated overview

This exceptional 43,525-square-foot commercial space is situated in the vibrant heart of Chicago's Chinatown at 2300 S Archer Avenue, Units 115-116. The property boasts brand new construction, offering a modern and efficient layout ideal for a variety of retail uses. High ceilings and abundant natural light create a welcoming atmosphere, while a state-of-the-art HVAC system ensures year-round comfort. Ample parking is available on-site, a significant advantage in this bustling neighborhood. The combined space, encompassing two units, presents significant flexibility for potential tenants. Its size and location make it particularly well-suited for restaurants, spas, nail salons, or other retail establishments seeking a high-visibility presence in a densely populated area with high foot traffic. The property is offered at $668,000. This represents a unique opportunity to establish a thriving business in one of Chicago's most dynamic and culturally rich communities. The modern design and ample space provide a blank canvas for a wide range of creative business ventures. Don't miss this chance to secure a prime retail location in Chicago's Chinatown.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
APN 17-28-104-040-1018
UPID US28-2759691
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jiang Niu BBQ House Chinatown Asian Fusion Restaurant Chinese Restaurant
  • Riverview Recycling Inc Recycling Center Waste Management Facility
  • Moon Flower House Restaurant
  • Canal Plaza Business Service Center Corporate Office
  • Moon Flower House月花坊炸鸡汉堡 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
JZG PROPERTIES LLC
JZG PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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