1040 Argyle St Chicago, IL 60640
- Retail properties
Current Use by Public Records
- Foremost Liquor Uptown / Liquor Store
Property Details for 1040 Argyle St
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6567
- Latitude
- 41.9733
