UNDER CONTRACT - MULTI-FAMILY
1330 W. Argyle St. Chicago, IL 60640
PRICE
$2,300,000
NUMBER OF UNITS
6
PROPERTY LISTED

Essex Three Twelve, LLC has been exclusively engaged to market for sale 1330 W. Argyle St., a center entrance six-unit fully renovated apartment building located in Chicago’s Uptown neighborhood on the city’s North Side.

The Property consists of four two-bedroom/two-bathroom apartments averaging approximately 850 square feet and two three-bedroom/three-bathroom apartments averaging approximately 1,200 square feet. The Offering also includes six parking spaces.

Originally constructed circa 1918, the Property has been fully renovated to condo-quality standards. The apartments feature granite countertops, hardwood flooring, stainless-steel appliances, in-unit washers and dryers, and individual HVAC with central air conditioning.

Current in-place rents average approximately $2,453 per month for the two-bedroom units and $3,115 per month for the three-bedroom units. The enclosed rental survey demonstrates additional upside of approximately $23,500 in annual gross rent by increasing the two-bedroom units to approximately $2,800 and the three-bedroom units to approximately $3,400 — levels fully supported by the surrounding submarket.

1330 W. Argyle is ideally located in one of Chicago’s most active North Side submarkets, just a five-minute walk from the CTA Red Line at the Argyle Station and within walking distance of the Argyle Street international dining corridor and Andersonville’s Clark Street retail district. The Property is also a 13-minute walk (0.65 miles) from the Ravenswood UP-N Metra Station, with the CTA Purple Line at Wilson a 13-minute walk (0.66 miles) and the Brown Line an 18-minute walk (0.9 miles) away. Foster Beach and Lake Michigan’s Lakefront are a 23-minute walk (1 mile) away.

LOCATION DETAILS

Uptown is a vibrant lakefront neighborhood on Chicago’s North Side, bordered by Lakeview, Edgewater, and Ravenswood. Known for cultural landmarks like the Aragon Ballroom, Riviera Theatre, and Green Mill, Uptown combines historic character with ongoing investment and redevelopment. Sub-neighborhoods such as Buena Park, Sheridan Park, and Margate Park feature tree-lined streets, historic architecture, and lakefront access. With strong transit options and a diverse mix of residents, Uptown continues to attract new development, retailers, and long-term residents.

HIGHLIGHTS
  • 6-unit apartment building with four 2Bd/2Ba units (~850 SF) and two 3Bd/3Ba units (~1,200 SF)
  • Six parking spaces
  • Building fully renovated to condo-quality — granite countertops, hardwood floors, stainless steel appliances, in-unit washers/dryers, and individual HVAC with central A/C
  • In-place rents average $2,453 (2Bd) and $3,115 (3Bd), with approximately $23,500 of annual gross rent upside by bringing rents to ~$2,800 and ~$3,400 — levels supported by the surrounding submarket
LISTING BROKERS
Principal
847.732.9090
Principal
773.484.8866
Managing Director
847.691.7800