2416 South Archer Avenue

Off Market

2416 South Archer Avenue, Chicago, IL 60616

  • Industrial
  • Manufacturing
  • 52,429 Sqft

2416 South Archer Avenue, Chicago, IL 60616 - Industrial Space

2416 South Archer Avenue is located at 2416 South Archer Avenue in the Chinatown neighborhood, IL, Chicago, 60616. The Class C Industrial building was completed in 1950 and features a total of 52,429 Sqft.

There are 137 industrial spaces for lease in the Chicago city, totaling 8,809,197 Sqft of available industrial space. The average asking industrial rent per sq. ft. in Chicago is $9.64/sqft/year. For Class A industrial buildings the average industrial rate is $4/sqft/year, for Class B industrial buildings the average industrial rate is $8.4/sqft/year, for Class C industrial buildings the average industrial rate is $20.23/sqft/year.

In Chinatown, there is 1 class C industrial building. In 1950, the same year 2416 South Archer Avenue was built, 4 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 1,637,254 square feet of commercial space. At zip code level, there are 21 commercial properties, of which 10 are industrial buildings over 50,000 square feet.

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Details

  • City Chicago
  • Neighborhood Chinatown
  • Zip Code 60616
  • Market Chicago
  • Property Type Industrial - Manufacturing
  • Property Size 52,429 Sqft
  • Lot Size 1.02 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1950

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 2416 South Archer Avenue?

2416 South Archer Avenue totals 52,429 square feet.

When was this property built?

2416 South Archer Avenue was built in 1950.

Chinatown Demographics

The average household income in zip code 60616 is $69,607, from a total of 24,417 households. In terms of employment, there are 89.02 % white-collar and 10.98 % blue-collar jobs in zip code 60616.

Population

  • Total Population54,464
  • Male Population(47.4 %) 25,807
  • Female Population(52.6 %) 28,657
  • Median Age36.80

Income/Financial

  • Average Household Income$69,607
  • Median Household Income$45,997
  • Median Income Under 25$16,136
  • Median Income 25-44$63,651
  • Median Income 45-64$53,134
  • Median Income Over 65$22,489