1016-1028 Argyle St, Chicago, IL 60640
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.