2300 Archer Ave Chicago, IL 60616-1829
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.