$274,900

5724 W Diversey Avenue, Chicago, IL 60639

  • 2,860 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $96/sqft
  • Property List Date Icon Listed 20 days ago

Property 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.

Listing Status:
Active
Data Last Updated:
August 24, 2026 at 5:18PM
Listing Office:
Century 21 Circle : 847-561-8987
Listing Agent:
Alia Kolovic : 847-561-8987
MLS ID:
12724138
  • A/C: Central Air
  • Roofing: Rubber
  • HOA Amenities: Not Applicable
  • Originating MLS: mred
  • County: Cook
  • Zoning: OFFIC13292290370000
  • Utilities: Circuit Breakers
  • Source: mred

This listing courtesy of Alia Kolovic , Century 21 Circle

Monthly Payment

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

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Location

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