About This Home

This 0-bedroom, 0-bathroom commercial at 5724 W Diversey Avenue in Chicago, IL is listed for $249,900. Built in 1965, on a 0.08 acres lot.

Key Features

  • Built in 1965
  • 0.08 acre lot

Property Details

1 story
1965

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

5724 W Diversey Avenue

Chicago, IL 60639

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5724 W Diversey Avenue is listed at $249,900. The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 0.08 acre lot.

This property is listed by Alia Kolovic.

AK

Alia Kolovic

Agent at Coldwell Banker Leader Realty

Listed by Coldwell Banker Leader Realty · Broker phone: (312) 513-4490 · Broker website

MLS# 12713175· Source: Midwest Real Estate Data, LLC· 103 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5724 W Diversey Avenue, Chicago, IL 60639

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