$274,900
( $96.12Per Sq Foot )
 $1,476 est/mo Sourced by Back At You

5724 W Diversey Avenue,Chicago, IL 60639

Chicago, IL 60639

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Description

Outstanding Owner-User or Investor Opportunity! Situated on highly desirable, high-traffic Diversey Avenue, this commercial property offers exceptional visibility and endless potential. The building is currently configured into seven separate commercial tenant spaces, with all tenants on flexible month-to-month leases, providing immediate flexibility for an owner-user, investor, or developer. The property does require renovations and is being sold as-is, making it an ideal opportunity for buyers looking to add value. Whether you choose to renovate the existing building and continue operating it as an income-producing investment, lease the spaces in their current configuration with improvements over time, or pursue a complete redevelopment, the possibilities are substantial. Zoned B3-1, the property offers excellent redevelopment potential in one of Chicago's established commercial corridors. This is a rare chance to acquire a property with current income, future upside, and the flexibility to execute your vision in a prime location.

Details

MLS #12724138
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1965
Days On Site34
Listing Provided ByCentury 21 Circle | Alia Kolovic

Features

SQ Feet2,860
Story(s)1
Units7
ZoningOFFIC

Interior

CoolingCentral Air

Exterior

RoofRubber
Construction MaterialsBrick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2024
Tax Annual Amount12058

Area Information

StateIL
CountyCook
CityChicago
Zip Code60639
AreaCHI Belmont Cragin
Listing VS Median (in 60639)
Price:
$274,900
low | high
Med:
$380,000
11.767915605675% of Average
sqft:
2,860
low | high
Med:
1,785
87.587412587413% of Average
$ / sqft:
$96
low | high
Med:
$214
72.976915848187% of Average
On site:
34
low | high
Med:
124.5
27.309236947791% of Average
Sourced by Back At You

Market Activity 60639

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60639
AreaCHI Belmont Cragin
Listing VS Median (in 60639)
Price:
$274,900
low | high
Med:
$380,000
11.767915605675% of Average
sqft:
2,860
low | high
Med:
1,785
87.587412587413% of Average
$ / sqft:
$96
low | high
Med:
$214
72.976915848187% of Average
On site:
34
low | high
Med:
124.5
27.309236947791% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $206K - $343K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
5724 W Diversey Avenue Property Photo 1
$274,900
5724 W Diversey Avenue
Chicago, IL 60639
Listing Updated: August 9, 2026 at 11:14:45 PM PDT
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