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5037-39 W Diversey Ave Chicago, IL 60639

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Sponsored
For Sale
$889,900

COMMERCIAL - Chicago, IL

Property size:
4,200 SF
Lot size:
0.14 Acres
Days on Market:
1
Last Refresh:
Mar 6 at 10:06 pm

Property Features for 5037-39 W Diversey Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
COMMR
APN
13284010100000
Size
4,200 SF
Lot size
0.14 Acres

Utilities

Utilities
Natural Gas Available
Cooling system
Central Air

Building Details

Year built
1962
Floors in Building
2
Number of units
5
Building materials
Brick
Roof type
Rubber

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Listing Contact
Edgardo Guerrero
Edgardo Guerrero

RE/MAX Legends (708) 655-5000

Listing agent Edgardo Guerrero (312) 465-9778

Listing date Mar 6, 2026

MLS# 12582578

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.

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Property Insight Report

Overview

Mixed-Use Property in Belmont Cragin

This two-story mixed-use property is located on Diversey Avenue and LeClaire Avenue in Chicago's Belmont Cragin community. The property offers approximately 4,200 square feet of rentable commercial space across two buildings, combining established income, flexible commercial use, and residential potential. The first building features a high-traffic restaurant with seating for 70+ guests, a bar area, and a fully equipped commercial kitchen with walk-in coolers and ample storage. The flexible layout and multiple entrances provide 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 residential unit with three oversized bedrooms, a large living room, formal dining room, eat-in kitchen, and laundry room. Additional features 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 variety of businesses or investment opportunities. The second floor features two fully rented 2-bedroom, 1-bath apartments, providing 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 retail, eateries, and neighborhood businesses, the property benefits from visibility and consistent foot and vehicle traffic. It sits within a community known for household incomes and commercial activity. The lot size is 0.1435 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7529592
Latitude
41.9311948

FAQs

What type of property is this?
Mixed-use property - Two-story mixed-use property in Chicago's vibrant Belmont Cragin community.
Where is this mixed-use property located?
The property is located at 5037-39 W Diversey Ave Chicago, IL.
What is the asking price?
The asking price for this property is $889,900.
What are key features of this property?
This property features: - High-visibility location on Diversey Avenue in the Belmont Cragin community.; - Two buildings with approximately 4,200 sq ft of rentable commercial space and residential potential.; - Established income from a thriving restaurant (seating 70+) and two fully rented 2-bedroom apartments.
More about this property
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