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$349,000
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Property Description
Seize this incredible opportunity( asking for $349,000 , that's $285.83 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!
Full Property Details
Full Property Details for 2300 S Archer Ave #206
General
- Price: $349,000
- Taxes: (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12490490
- Updated: 10/13/2025
- Added to Site: 103 day(s) ago
Business
- Business Type: Retail
Interior
- Interior Features: Public Restroom(s)
- Flooring: Concrete
Additional Information
- Security/Safety: Alarm Monitored, None
Location
- Area: CHI - Armour Square
- County: Cook
- Township: South Chicago
- Driving Directions: South to Archer and Canal Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units, Central Heat/Individual Controls
Structural Information
- Construction: Concrete
- Exterior Const.: Concrete
- Foundation: Concrete Perimeter
- Drive-In Doors: 1
- Sub-Flooring: Concrete
- Stories/Levels: 2
- Square Feet: 1,221
- Year Built: 2018
Lot Features
- Lot Size (Sq. Ft.): 49,113
- Lot Dimensions: 387 x 510 x 199
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored, None
- Assessment Year: 2018
- Tax Year: 2023
Disclosures and Reports
- Property ID: 17281040401023
Listed by Richland Global Inc
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Schools
Schools serving 2300 S Archer Ave #206
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Healy Elementary School 3010 South Parnell Avenue, Chicago, IL 60616 | PK-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2300 S Archer Ave #206
Date
Details
Price
Change
Source
10/07/2025
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2300 S Archer Ave #206
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,924
3%
$32,818
—
2022
$6,750
183%
$32,818
177%
2021
$2,381
—
$11,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2300 S Archer Ave #206
2300 S Archer Avenue #206, Chicago, IL 60616 (MLS# 12490490) is a Commercial property. 2300 S Archer Avenue #206 is currently listed for $349,000 and was received on October 07, 2025. Want to learn more about 2300 S Archer Avenue #206? Do you have questions about finding other Commercial real estate for sale in Armour Square? You can browse all Armour Square real estate or contact a Coldwell Banker agent to request more information.

