1040 Argyle St, Chicago, IL 60640
This exceptional Uptown property offers a unique blend of retail and warehouse space, ideal for a variety of businesses. The 7,200-square-foot space is currently configured as a liquor store and attached warehouse, presenting a turnkey opportunity for an established or emerging enterprise. The storefront comprises 3,200 square feet of attractive retail space, perfectly suited for customer interaction and product display. Adjacent to the storefront is a 4,000-square-foot warehouse, previously an Uptown Theater, offering ample storage or production space. The entire 7,200 square feet is available for lease at a monthly rate of $13,000, subject to a 5% annual rent increase. The lease is a NNN (Triple Net) agreement, meaning the tenant is responsible for all property taxes, insurance, and maintenance of their occupied space. Utilities are also billed back to the tenant based on square footage. The landlord seeks a lease term ranging from three to ten years. The property will be available for occupancy starting January 1st, 2025. This presents a rare opportunity to secure a substantial and versatile commercial space in a desirable Uptown location. Don't miss this chance to establish your business in a vibrant and thriving area.
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Foremost Liquor Uptown (Bike/Boat/Book/etc) Store Wine and Liquor Store
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.