The team played in Primera División during the 1920s and 1930s before merging with Club Atlético Temperley.

The club was founded on 1 November 1915 and established its headquarters in Banfield, Buenos Aires, while building its stadium in Lomas de Zamora.

Argentino played from 1928 to 1931 in the Asociación Amateurs (then merged with official AFA) with poor campaigns in those seasons.

Under the new name, the football squad played the 1933 and 1934 championships in the official amateur league (AFA).

When both associations, LAF and AFA merged at the end of the season, all its teams (including Argentino de Temperley) were relegated to the second division.