Turnkey Vietnamese Restaurant
1019 West Argyle Street, Chicago, IL 60640
For Sale
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Operating Vietnamese restaurant with dedicated parking and a favorable lease that supports a low-overhead owner-operator.
Property Size1,000 SF
Price / SF$160
Days on Market144
Property Features for 1019 West Argyle Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Business Included
Listing Agency:
Chicago-Coldwell Banker Commercial NRT
Listed By:
Michael Kang · License #IL 475163662
(773) 344-0738
Source:
Crexi
Added: Jun 16
Changed: Oct 25
Last Checked: Nov 6 at 8:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago-Coldwell Banker Commercial NRT
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Investment Insights
Based on property information with market context.
This established Vietnamese restaurant is currently operating and offers a turnkey opportunity for an owner-operator or family-run buyer. The concept centers on traditional Vietnamese cuisine, including noodle-based dishes, and the property is supported by an existing local reputation. The business benefits from a favorable lease structure, with monthly rent of approximately $1,700 and water included. Dedicated parking is also available to support customer convenience and day-to-day operations.
The restaurant is located in Chicago’s well-known Argyle dining area at 1019 West Argyle Street. Its customer base is reflected in strong online presence, with a 4.6-star Google rating and nearly 300 reviews, indicating consistent local traffic for the current menu.
For the right operator, this setup provides a practical foundation to continue the established concept while managing costs under the stated lease terms. The business also notes additional operational paths through expanded marketing and increased use of online ordering and third-party delivery platforms such as DoorDash, Uber Eats, and Grubhub. This is well-suited for buyers seeking a working restaurant with dedicated customer convenience features and controllable operating overhead.
The restaurant is located in Chicago’s well-known Argyle dining area at 1019 West Argyle Street. Its customer base is reflected in strong online presence, with a 4.6-star Google rating and nearly 300 reviews, indicating consistent local traffic for the current menu.
For the right operator, this setup provides a practical foundation to continue the established concept while managing costs under the stated lease terms. The business also notes additional operational paths through expanded marketing and increased use of online ordering and third-party delivery platforms such as DoorDash, Uber Eats, and Grubhub. This is well-suited for buyers seeking a working restaurant with dedicated customer convenience features and controllable operating overhead.
Key Highlights
- Established Vietnamese restaurant in Chicago’s Argyle dining area with an operating business ready for an owner‑operator or family‑run buyer
- 4.6‑star Google rating with nearly 300 reviews
- Favorable lease: monthly rent approximately $1,700 with water included
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,475
Businesses Nearby
194k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 34%
Groceries 20%
Home Improvements & Furnishings 5%
Mariano's
Groceries
38,415 visits/mo
0.3 miles
McDonald's
Dining
30,355 visits/mo
0.5 miles
McDonald's
Dining
27,614 visits/mo
0.3 miles
BP
Shops & Services
17,307 visits/mo
0.3 miles
SONIC Drive In
Dining
16,232 visits/mo
0.5 miles
Demographics for 60640, IL
65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Chicago, IL
Properties on Market for Conventional restaurants in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating Vietnamese restaurant with dedicated parking and a favorable lease that supports a low-overhead owner-operator.
Where is this conventional restaurant located?
The property is located at 1019 West Argyle Street Chicago, IL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Established Vietnamese restaurant in Chicago’s Argyle dining area with an operating business ready for an owner‑operator or family‑run buyer; 4.6‑star Google rating with nearly 300 reviews; Favorable lease: monthly rent approximately $1,700 with water included
