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.
| MLS # | 12724138 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 34 |
| Listing Provided By | Century 21 Circle | Alia Kolovic |
| SQ Feet | 2,860 |
|---|---|
| Story(s) | 1 |
| Units | 7 |
| Zoning | OFFIC |
| Cooling | Central Air |
|---|
| Roof | Rubber |
|---|---|
| Construction Materials | Brick |
| Electric | Circuit Breakers |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 12058 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60639 |
| Area | CHI Belmont Cragin |
| Listing VS Median (in 60639) | |
Price: $274,900 low | high Med: $380,000 sqft: 2,860 low | high Med: 1,785 $ / sqft: $96 low | high Med: $214 On site: 34 low | high Med: 124.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60639 |
| Area | CHI Belmont Cragin |
| Listing VS Median (in 60639) | |
Price: $274,900 low | high Med: $380,000 sqft: 2,860 low | high Med: 1,785 $ / sqft: $96 low | high Med: $214 On site: 34 low | high Med: 124.5 | |