Turnkey Vietnamese Restaurant
For Sale
Contact for pricing
1019 West Argyle Street, Chicago, IL 60640
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 Market52
Property Features for 1019 West Argyle Street
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Business for Sale
Additional Details
Business Included
Yes
Listing Agency:
Chicago-Coldwell Banker Commercial NRT
Listed By:
Michael Kang · License #IL 475163662
Source:
Crexi
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 5 at 4:02PM
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
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
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,012
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 40%
Electronics 2%
Wendy's
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16,427 visits/mo
0.3 miles
Chase Bank
Shops & Services
15,345 visits/mo
0.3 miles
Citgo
Shops & Services
7,154 visits/mo
0.4 miles
7-Eleven
Shops & Services
6,367 visits/mo
0.4 miles
Extra Space Storage
Shops & Services
5,849 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
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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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
