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Chinatown Commercial Unit For Sale
For Sale
$650,000

2252 S Archer Avenue #207, Chicago, IL 60616

Built-out commercial unit in Chinatown, ideal for restaurant use.

Days on Market423

Property Features for 2252 S Archer Avenue #207

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2019
Listing Agency: COMPASS
Listed By: JEANNE KEATING · License #475133441
Source: Corcoran
Added: Jun 5, 2025 Changed: Jul 10 Last Checked: Aug 1 at 7:40AM

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 COMPASS

Investment Insights

Based on property information with market context.

This built-out commercial unit is located in the heart of Chinatown. The property features high ceilings, natural light, and modern HVAC systems. Currently, the space is home to a thriving business and is suited for various business concepts. It is particularly ideal for restaurant use. The unit includes two separate entrances, a bathroom, and a side sink. The property offers parking convenience with free parking available in two separate parking facilities on each floor of the shopping mall. The location benefits from high foot traffic, surrounded by establishments such as the Chicago DMV, bubble tea shops, BBQ restaurants, medical and dental offices, insurance agencies, and law firms. This versatile space is suitable for a restaurant or other retail or service-based ventures.

Key Highlights

  • Fully built‑out commercial unit, currently operating as a thriving business.
  • Ideal for restaurant use with existing infrastructure including a bathroom and side sink.
  • Prime location in the heart of Chinatown with high foot traffic.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Pet Grooming Service Grocery & Convenience Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,621
Businesses Nearby

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

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Built-out commercial unit in Chinatown, ideal for restaurant use.
Where is this retail space located?
The property is located at 2252 S Archer Avenue #207 Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully built‑out commercial unit, currently operating as a thriving business.; Ideal for restaurant use with existing infrastructure including a bathroom and side sink.; Prime location in the heart of Chinatown with high foot traffic.
More about this property
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