Restaurant Space with Type II
For Lease
$21 SF/Yr
Pending
1923 S Archer Avenue, Chicago, IL 60616
1,430 SF restaurant space with ADA restroom, three-compartment sink, and a Type II hood system.
Space SizeContact for details
Days on Market73
Property Features for 1923 S Archer Avenue
General Information
Standard status
Pending
Property subtype
COMMERCIAL
Additional Details
Commercial Hood
Yes
Taxes and HOA fees
Annual Taxes
$296,000
Amenities
ADA restroom
three compartment sink
Building Details
Year Built
2006
Listing Agency:
Sperry Van Ness
(312) 756-7357
Listed By:
Marcus Sullivan · License #475139568
Source:
Harkinsandassociates
Added: Jun 15
Changed: Aug 25
Last Checked: Aug 25 at 11:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Van Ness
Investment Insights
Based on property information with market context.
1923 S. Archer is a 1,430 square foot restaurant space available for lease. The space is set up for food service with an ADA restroom, a three-compartment sink, and a type II hood system. Public remarks also note a significant amount of power, and the previous use was a pickup and delivery pizza concept.
Onsite customer parking is available on a first-come, first-served basis. The center includes multiple food uses, so certain exclusive-use restrictions are expected and should be reviewed as part of planning.
The space is configured for an operational kitchen buildout suitable for a restaurant concept requiring hood ventilation and high electrical capacity.
Onsite customer parking is available on a first-come, first-served basis. The center includes multiple food uses, so certain exclusive-use restrictions are expected and should be reviewed as part of planning.
The space is configured for an operational kitchen buildout suitable for a restaurant concept requiring hood ventilation and high electrical capacity.
Key Highlights
- 1,430 SF commercial space available for lease
- Type II hood system in place (no black iron in place)
- ADA restroom included
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,628
Businesses Nearby
169k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Groceries 30%
Hotels & Casinos 20%
Shops & Services 18%
Mariano's
Groceries
50,480 visits/mo
0.2 miles
Marriott Marquis Chicago
Hotels & Casinos
33,862 visits/mo
0.4 miles
White Castle
Dining
23,545 visits/mo
0.3 miles
Pizanos Pizza
Dining
13,973 visits/mo
0.3 miles
Chase Bank
Shops & Services
11,972 visits/mo
0.1 miles
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$28.22 /SF/Yr
Avg Asking Price
$19–$55 /SF/Yr
Price Range
3,783 SF
Avg Space Size
This space is priced 26% below the average of $28.22 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - 1,430 SF restaurant space with ADA restroom, three-compartment sink, and a Type II hood system.
Where is this conventional restaurant located?
The property is located at 1923 S Archer Avenue Chicago, IL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 1,430 SF commercial space available for lease; Type II hood system in place (no black iron in place); ADA restroom included
