


5037-39 W Diversey AvenueChicago, IL 60639
Commercial · 5,500 Sq. ft.5037-39 W Diversey Avenue Overview
- Time on Site:
- 115 days
- Visits:
- 0
Positioned on the highly visible location of Diversey Avenue and LeClaire Avenue, this two-story mixed-use property presents an outstanding opportunity for investors and owner-users seeking a strong presence in Chicago's vibrant Belmont Cragin community. Offering approximately 4,200 square feet of rentable commercial space across two buildings, the property combines established income, flexible commercial use, and residential potential. The first 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. The second building includes a large main-level commercial space adaptable for a wide variety of businesses or investment opportunities. The second floor features two fully rented 2-bedroom, 1-bath apartments, providing steady rental income. Residents also enjoy access to a rear rooftop deck, along with parking for two vehicles on the rear parking pad. 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
5037-39 W Diversey Avenue Facts & Features
- Type Commercial
- Sq. ft. 5,500
- Price/Sq.ft. $158
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 250
- Existing Lease Type: Gross
- Fuel Expense: 0
- Gross Income: 111600
- Gross Scheduled Income: 111600
- Insurance Expense: 650
- Net Operating Income: 0
- Operating Expense: 0
- Trash Expense: 0
- Water Sewer Expense: 1500
Building Information
- Year Built: 1962
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Belmont Cragin
- Township: Jefferson
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
Tax Information
- Tax Annual Amount: $16,000.00
- Tax Year: 2023
General Information
- Parcel Number: 13284010100000
- Possible Use: Commercial,Conditional Use,Office,Multi-Family,Retail
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 5500
General Information
- Cooling: Central Air
- Electric: Circuit Breakers
- Foundation Details: Block, Concrete Perimeter
- Stories: 2
Exterior
Lot Information
- Additional Parcels: Yes
- Frontage Type: City Street
- Lot Size Dimensions: 50 x 124
- Lot Size Square Feet: 6250
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Rubber
General Information
- Number Of Units Total: 5
- Utilities: Electric to Site,Natural Gas Available,Sewer Connected
5037-39 W Diversey Avenue Neighborhood
Community
60639 (Chicago) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5037-39 W Diversey Avenue Monthly Cost
5037-39 W Diversey Avenue Market Data
Based on the last 30 days in this zip code
5037-39 W Diversey Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/7/2026Source: MRED | Active |
|
| 6/2/2026Source: MRED | $869,900 -2.2% |
|
| 6/2/2026Source: MRED | Price Change |
|
| 4/26/2026Source: MRED | Active |
|
| 4/21/2026Source: MRED | Re-activated |
|
| 3/11/2026Source: MRED | Active |
|
| 3/6/2026Source: MRED | March 06, 2026 |
































































