Mixed-Use Property in Belmont
5037 W Diversey Avenue Chicago, IL 60639
5037 W Diversey Avenue, Chicago, IL, 60639
$529,900
For Sale
Under Contract
$529,900
COMMERCIAL - Chicago, IL
Property Size4,200 SF
Lot Size0.07 Acres
Price / SF$126.17
Days on Market133
Property Features for 5037 W Diversey Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active Under Contract
- APN
- 13284010100000
- Size
- 4,200 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 8839
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Central Air
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Rubber
Listing Agency
REMAX Legends
(630) 216-8000
17W480 22ND ST, Oakbrook Terrace, IL
Listed by
Edgardo Guerrero · License #475159071
(708) 655-5000
Added: Mar 6 Checked: Jul 17 at 7:06 am
MLS# 12585356
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.
Located on Diversey Avenue and LeClaire Avenue, this two-story mixed-use property offers an opportunity for investors and owner-users in Chicago's Belmont Cragin community. The property provides approximately 4,200 square feet of rentable commercial and residential space, combining established income with commercial and residential potential. The building features a high-traffic restaurant with seating for over 70 guests, a bar area, and a commercial kitchen with walk-in coolers and storage. The layout and multiple entrances allow for expansion or reconfiguration, making the space suitable for a restaurant concept, banquet hall, party venue, or other commercial venture. The second floor offers a residential unit with three oversized bedrooms, a large living room, formal dining room, eat-in kitchen, laundry room, and natural light. Additional features include a rooftop deck above the rear restaurant area and an attached garage/storage space. Situated in a high-traffic corridor surrounded by retail, eateries, and neighborhood businesses, the property benefits from visibility and consistent foot and vehicle traffic. With access to major transit routes, it is located within a community known for household incomes and commercial activity. The lot size is 0.0717 acres.
Key Highlights
- High‑traffic location on Diversey Avenue in Belmont Cragin, offering excellent visibility.
- Thriving restaurant space with seating for 70+, a bar area, and a fully equipped commercial kitchen.
- Spacious, sun‑filled 3‑bedroom residential unit on the second floor.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
POZOLERIA EL MEXICANO ...
Restaurant
Fabio
Apartment Building
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FAQs
What type of property is this?
Mixed-use property - Two-story mixed-use property with commercial and residential space.
Where is this mixed-use property located?
The property is located at 5037 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: High‑traffic location on Diversey Avenue in Belmont Cragin, offering excellent visibility.; Thriving restaurant space with seating for 70+, a bar area, and a fully equipped commercial kitchen.; Spacious, sun‑filled 3‑bedroom residential unit on the second floor.
