$499,900

5039 W Diversey Avenue, Chicago, IL 60639

  • 3,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $143/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

This building includes a large main-level commercial space adaptable for a wide variety of businesses or investment opportunities. The second floor features two (2X) fully rented 2-bedroom, 1-bath apartment units, providing steady rental income. Residents also enjoy access to a rear rooftop deck, along with parking for two vehicles on the rear parking pad. This building features a thriving, high-traffic restaurant with seating for 70+ guests, a welcoming bar area, and a fully equipped commercial kitchen with walk-in coolers and ample storage. The flexible layout and multiple entrances provide excellent potential for expansion or reconfiguration, making the space suitable for a restaurant concept, banquet hall, party venue, or other commercial venture. Above the restaurant, the second floor offers a spacious and sun-filled residential unit with three oversized bedrooms, a large living room, formal dining room, eat-in kitchen, laundry room, and abundant natural light. Additional highlights include a rooftop deck above the rear restaurant area and an attached garage/storage space. Located in a high-traffic corridor surrounded by established retail, popular eateries, and neighborhood businesses, the property benefits from excellent visibility and consistent foot and vehicle traffic. With easy access to major transit routes, it sits within a thriving community known for strong household incomes and steady commercial activity. This estate sale offers the rare chance to acquire a well-positioned mixed-use investment that blends income potential, prime location, and long-term growth opportunity. Invest with confidence and watch your investment grow.

Listing Status:
Active
Data Last Updated:
May 2, 2026 at 9:19PM
Listing Office:
REMAX Legends : 312-465-9778
Listing Agent:
Edgardo Guerrero : 312-465-9778
MLS ID:
12615722
  • A/C: Central Air
  • Roofing: Rubber
  • General: BlockConcrete Perimeter
  • Road/Access: City Street
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR13284010090000
  • Utilities: Electric to SiteNatural Gas AvailableSewer ConnectedCircuit Breakers
  • Source: mred

This listing courtesy of Edgardo Guerrero , REMAX Legends

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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