At 4.30 p.m., thousands of light blue and white balloons were released into the sky to mark the achievements of La Albiceleste, as the team is referred to in Argentina.
Later in the evening at 8 p.m., the Obelisk paid tribute to Argentina's national team, displaying a number of images and phrases including "We are the champions."
Neighborhoods across Buenos Aires also burst into life as fans celebrated, jumping with joy, embracing one another and singing in high spirits on the streets.
President Alberto Fernandez thanked the players and technical staff on Twitter, describing them as an "example that we should not give up."
A range of leaders from Russia, Cuba, Panama, Bolivia, Ecuador, Chile, India, Brazil and France paid tribute to Argentina's success.
On Sunday, Argentina won 4-2 on penalties against France after the match finished 3-3 in extra time.
The result marked Argentina's first World Cup victory since 1986, when Maradona helped inspire the team and led them to glory in Mexico.
