Six-Unit Apartment
For Sale
Under Contract
$959,000
5007 W Diversey Avenue, Chicago, IL 60639
MULTI_FAMILY - Chicago, IL
Lot Size0.13 Acres
Days on Market83
Property Features for 5007 W Diversey Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bedroom 4, Bathroom 6, Bedroom 5, Bedroom 11, Bathroom 5, Bedroom 9, Bedroom 7, Bathroom 1, Bedroom 10, Bathroom 4, Bedroom 8, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 1
Directions
Between Central and Cicero on Diversey
Subdivision
CHI - Belmont Cragin
Standard status
Active Under Contract
APN
13284010500000
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
15677
Amenities
on-site laundry
hardwood floors
Building Details
Year built
1970
Floors in Building
3
Number of units
6
Building materials
Brick, Concrete
Roof type
Tar/Gravel
Listing Agency:
Coldwell Banker Real Estate Group
(630) 904-4334
Listed By:
Randy Ghanayem
(815) 553-2411
Added: May 12
Changed: Aug 1
Last Checked: Aug 2 at 1:06PM
MLS# 12640176
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.
Investment Insights
Based on property information with market context.
This turnkey 6-unit apartment building was built in 1970 and features a unit mix of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all above grade. The layout includes eat-in kitchens, and the upper-levels have hardwood floors. Updated bathrooms are present in most units. The property is described as maintained without deferred maintenance, and it includes an efficient heating setup with separate furnaces for the first-floor units and a shared system for the upper units. A leased coin-operated washer and dryer provides supplemental on-site income.
Set on a 0.1253-acre lot, the building includes 5 off-alley parking spaces. The roof is estimated at 10-12 years old, and a water heater is reported at approximately 3 years old. The property is located near Diversey, Cicero, and Fullerton, with access to CTA bus routes, Metra, and I-90/94, plus nearby shopping, dining, and recreation.
For investors or owner-operators, the described configuration supports stable in-place tenancy and operational efficiency while offering room to manage unit performance over time.
Set on a 0.1253-acre lot, the building includes 5 off-alley parking spaces. The roof is estimated at 10-12 years old, and a water heater is reported at approximately 3 years old. The property is located near Diversey, Cicero, and Fullerton, with access to CTA bus routes, Metra, and I-90/94, plus nearby shopping, dining, and recreation.
For investors or owner-operators, the described configuration supports stable in-place tenancy and operational efficiency while offering room to manage unit performance over time.
Key Highlights
- Six above‑grade units: five 2‑bedroom/1‑bath and one 1‑bedroom/1‑bath
- 0.1253‑acre lot plus 5 off‑alley parking spaces
- Efficient heating setup with separate furnaces for first‑floor units and shared system for upper units
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,803
Businesses Nearby
Explore this area
Business Placement
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Zoned MULTI and built in 1970, this 6-unit building offers off-alley parking and an on-site leased coin laundry.
Where is this apartment building located?
The property is located at 5007 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $959,000.
What are key features of this property?
This property features: Six above‑grade units: five 2‑bedroom/1‑bath and one 1‑bedroom/1‑bath; 0.1253‑acre lot plus 5 off‑alley parking spaces; Efficient heating setup with separate furnaces for first‑floor units and shared system for upper units