2300 S Archer Ave - Storefront Retail/Residential CONDO FOR SALE


Chicago, IL 60616- Chinatown
$349,000 USD
312-945-8818
2300 S Archer Ave, Chicago, IL for Sale
$349,000 USD
Storefront Retail/Residential CONDO - FOR SALE
1/58
null | Request Cap Rate

2300 S Archer Ave
Chicago, IL 60616
Chinatown


OVERVIEW

Seize this incredible opportunity( asking for $349,000 , that's $5.95 psf !!!) to own a 1,221 sq. ft. retail space on 2nd level of bustling 2-story retail plaza. Strategically located at the high-traffic intersection of Archer Ave and Canal Street, right at the edge of Chicago's growing Chinatown area, this spot guarantees exceptional visibility and accessibility. With 48 retail spaces, 74 convenient parking spots, and two loading zones, this plaza is already becoming a hotspot, with many thriving businesses settled in. The space is ready for occupancy and offers boundless possibilities for a variety of ventures-don't let someone else claim it before you do! 2024 estimated property taxes are approximately $9,392.57, and monthly assessments of about $415.68 cover key services like common area utilities, snow removal, roof maintenance, common HVAC, exterior upkeep, cleaning, and common insurance. Act fast-this is a can't-miss chance to position your business for success!

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Canal Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

46,701 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

146

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

PMD-11

APN/PARCEL ID

17-28-104-040-1029

ASK ABOUT THIS PROPERTY

Daniel KongRichland Global Inc.More Info
312-945-8818

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Daniel KongRichland Global Inc.More Info
312-945-8818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.