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    OFF-MARKET
    Retail properties & Spaces

    1016-1028 Argyle St, Chicago, IL 60640

    18,750 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 18,750 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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