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Retail Space with Natural Light
For Sale
$168,000

2300 S Archer Ave Unit 224, Chicago, IL 60616

Two entrances, abundant daylight, and an approximately 14-foot ceiling support a range of commercial uses.

Property Size264 SF
Price / SF$636.36
Days on Market115

Property Features for 2300 S Archer Ave Unit 224

General Information

Standard status Active
Size 264 SF
Property subtype Commercial

Amenities

2 entrances
natural light
high ceilings
city view
elevator

Building Details

Year Built 2022
Listing Agency: Landmark & Property Group, Inc
Listed By: Nancy Ip
Source: Searchillinoishomesforsale
Added: Jun 5 Changed: Sep 21 Last Checked: Sep 26 at 7:24AM

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 Landmark & Property Group, Inc

Investment Insights

Based on property information with market context.

This retail space is located in an elevator-served building completed in 2022. The unit has two entrances, substantial natural light, and an approximately 14-foot ceiling. The property is positioned on S Archer Ave in Chicago’s Chinatown area and is suited to a range of commercial applications, including office, salon, classroom, studio, and restaurant uses as identified for the space.

Nearby destinations include the Chinatown DMV, 88 Marketplace, UIC University, UI Health, Citi Bank, Phoenix Restaurant, Jiang Niu BBQ House, and Chinatown Family Dental. CTA Bus #62/Archer and the Orange Line at Halsted provide nearby transit connections. A second-floor parking lot offers views toward Downtown Chicago, with South Loop, Downtown, and Pilsen approximately 5 miles away.

Key Highlights

  • Retail space in an elevator building completed in 2022
  • Two entrances provide separate access points
  • Approximately 14‑foot ceiling height

Property Analytics

Current Use

Jiang Niu BBQ ... Korean Barbecue Restaurant Riverview Recycling Inc Recycling Center Moon Flower House Restaurant Canal Plaza Business Service Center Moon Flower House月花坊炸鸡汉堡 Restaurant

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Nursing Home Butcher

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

2,517
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
8,435 visits/mo 0.4 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

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 - Two entrances, abundant daylight, and an approximately 14-foot ceiling support a range of commercial uses.
Where is this retail space located?
The property is located at 2300 S Archer Ave Unit 224 Chicago, IL.
What is the asking price?
The asking price for this property is $168,000.
What are key features of this property?
This property features: Retail space in an elevator building completed in 2022; Two entrances provide separate access points; Approximately 14‑foot ceiling height
More about this property
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