1016-1028 Argyle StChicago, IL 60640

For Sale
$4,399,000

Chicago Uptown: Two-Building Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a portfolio of two commercial buildings situated at 1016-1028 W. Argyle St in Chicago's vibrant Uptown district. The combined property encompasses a substantial 18,750 square feet. The first building is a dynamic mix of ground-floor restaurant spaces and upper-level vacant office and retail space, offering significant potential for redevelopment and expansion to suit a variety of uses. This presents a unique chance to capitalize on the area's thriving culinary scene and high foot traffic. The flexible layout allows for customization to meet diverse business needs, whether it's expanding existing operations or attracting new tenants. The second building provides a stable income stream, currently fully occupied by an established educational institution, ensuring consistent rental revenue. This provides a balanced investment portfolio with both immediate return and long-term growth potential. Located in Cook County, Illinois, zip code 60640, this property benefits from its prime location within a bustling neighborhood, offering excellent visibility and accessibility. The asking price for this remarkable portfolio is $4,399,000. This is a rare chance to acquire a well-positioned, multi-faceted commercial property with substantial upside in a highly desirable Chicago location. Don't miss this opportunity to secure a significant investment in a thriving market.

Highlights

  • Asking price: $4,399,000
  • Retail property totaling 18,750 square feet
  • Two buildings located at 1016-1028 W. Argyle St, Chicago, IL 60640
  • Includes multiple storefronts and restaurant spaces
  • One building features vacant space and office potential; the other is fully occupied by an educational institution.

Property Details for 1016-1028 Argyle St

Property type
Other retail properties, Individual retail properties
Square Feet
18,750 SF
Buildings
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9735522
Longitude
-87.6557052
1016-1028 Argyle St, Chicago, Illinois

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1016-1028 Argyle St
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