5724 W Diversey Ave

Chicago, IL 60639
  • $274,900

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,860

    SqFt

About the Listing 10560 - 877122

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 Highlights

Status Active
Days on Site 39
Property Type Commercial Sale
MLS ® 12713175
Year Built 1965
Total Square Footage 2,860
Lot/Acreage 0.08

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Bldg Heat
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 120 X 26
  • Zoning: OFFIC
  • Roof: Rubber
  • Others:
  • Sewer:
  • Parking Features: 1-5 Spaces

Financial Details

  • Tax Amount: $12,058
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13292290370000
  • Tax Year: 2024

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5724 W Diversey Ave Chicago, IL 60639

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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