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Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12371933MLS Provider

2252 S Archer Avenue #207Chicago, IL 60616

Commercial · 43,525 Sq. ft.
$650,000 Active

2252 S Archer Avenue #207 Overview

Time on Site:
390 days
Visits:
1

Prime Built-Out Commercial Unit in the Heart of Chinatown Now available: a beautifully constructed and fully built-out commercial unit located in the vibrant center of Chinatown. This property features soaring ceilings, abundant natural light, and cutting-edge HVAC systems-creating an ideal environment for a wide variety of business concepts. Key Highlights: Fully Built-Out: No longer a raw space-currently home to a thriving business. Ideal for Restaurant Use. Includes two separate entrances, a bathroom, and a side sink. Parking Convenience: Enjoy free parking with two separate parking facilities on each floor of the shopping mall. High Foot Traffic: Surrounded by popular establishments including the Chicago DMV, bubble tea shops, BBQ restaurants, medical and dental offices, insurance agencies, and law firms. This versatile space is perfect for a restaurant or other retail or service-based ventures. Bring your vision to life in one of the city's most dynamic neighborhoods.

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2252 S Archer Avenue #207 Facts & Features

  • Type Commercial
  • Sq. ft. 43,525
  • Price/Sq.ft. $15

Details

General

Association/HOA

  • Association Fee Frequency: Annually

Income/Expenses

  • Existing Lease Type: Net
  • Net Operating Income: 0

Building Information

  • Year Built: 2019

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Armour Square
  • Township: South Chicago

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Sewer, All Utilities

Tax Information

  • Tax Annual Amount: $14,221.82
  • Tax Year: 2024

General Information

  • Parcel Number: 17281040401024
  • Property Sub Type: Restaurant
  • Property Type: Commercial Sale
  • Zoning: PMD

Interior

Building Interior

  • Building Area Total: 43525

General Information

  • Cooling: Central Air
  • Electric: Service - 0 to 100 Amps
  • Flooring: Concrete
  • Leasable Area: 1247
  • Stories: 2

Unit Information

  • Unit SqFt.: 1221
  • Unit Number: 207

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: COMMON
  • Lot Size Square Feet: 49113

Building Exterior/Construction

  • Construction Materials: Concrete

General Information

  • Number Of Units Total: 30

2252 S Archer Avenue #207 Neighborhood

Community

60616 (CHICAGO) Demographics

38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2252 S Archer Avenue #207 Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2252 S Archer Avenue #207 Market Data

Based on the last 30 days in this zip code

$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

2252 S Archer Avenue #207 History

Date Event Value Agent
6/10/2025Source: MRED Status Change
Active
6/5/2025Source: MRED Added to Database
June 05, 2025