Situated 186 miles north of Buenos Aires in the city of Rosario, Argentina, the 2,150-square-foot apartment has been uninhabited since 2011, according to Agencia Télam.
The home has had several owners and was intended to house various cultural projects before being put up for sale.
One of the current owners, businessman Francisco Farruggia, told CNN en Español that he was already planning to sell it, but with multiple properties in different countries, the Covid-19 pandemic accelerated his decision.
The owners point to the property's historical and architectural value as well as location. They told CNN en Español they already have some offers.
Ernesto "Che" Guevara is known for playing a major role in the Cuban revolution in the 1950s, where he helped Fidel Castro overthrow Fulgencio Batista.
He went on to become Cuba's Central Bank chief. In 1965, he left Cuba to continue to wage leftist guerrilla rebellions around the world.
Guevara's critics point to his brutal war tactics. Hundreds were reportedly executed under his watch.
Guevara was shot to death in 1967 by Bolivian troops. He was buried in a mass grave along with six of his comrades.
CNN's Daniel Silva Fernandez, Maija-Liisa Ehlinger and Ignacio Pellizzón contributed to this report.
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