Mixed-Use Restaurant and
5039 W Diversey Avenue Chicago, IL 60639
5039 W Diversey Avenue, Chicago, IL, 60639
$469,900
For Sale
$469,900
COMMERCIAL - Chicago, IL
Lot Size0.07 Acres
Days on Market99
Property Features for 5039 W Diversey Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active
- APN
- 13284010090000
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 7194
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Central Air
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 3
- 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: Apr 10 Checked: Jul 17 at 11:06 am
MLS# 12615722
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 mixed-use building offers a large main-level commercial space adaptable for a variety of business concepts, alongside a thriving restaurant operation. The restaurant includes seating for 70+ guests, a welcoming bar area, a fully equipped commercial kitchen with walk-in coolers and ample storage, and a flexible layout with multiple entrances. A rooftop deck sits above the rear restaurant area, and there is an attached garage/storage space. The second floor features two fully rented 2-bedroom, 1-bath apartment units, along with resident access to a rear rooftop deck and parking for two vehicles on the rear parking pad.
The property is located on a high-traffic corridor surrounded by established retail, popular eateries, and neighborhood businesses, supporting strong visibility and consistent foot and vehicle traffic. It also benefits from easy access to major transit routes within a thriving community environment.
For investors, this configuration combines operating income potential with residential rental income. The commercial space’s adaptability supports uses such as a restaurant concept, banquet hall, or party venue, while the upstairs units provide steady cash flow. This is a compelling fit for buyers seeking a well-positioned mixed-use asset with the ability to evolve the ground-floor offering over time.
The property is located on a high-traffic corridor surrounded by established retail, popular eateries, and neighborhood businesses, supporting strong visibility and consistent foot and vehicle traffic. It also benefits from easy access to major transit routes within a thriving community environment.
For investors, this configuration combines operating income potential with residential rental income. The commercial space’s adaptability supports uses such as a restaurant concept, banquet hall, or party venue, while the upstairs units provide steady cash flow. This is a compelling fit for buyers seeking a well-positioned mixed-use asset with the ability to evolve the ground-floor offering over time.
Key Highlights
- High‑traffic location with excellent visibility, surrounded by established businesses and easy access to transit.
- Mixed‑use property with both commercial and residential income potential.
- Thriving restaurant space with seating for 70+, bar area, and fully equipped commercial kitchen.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - High-traffic restaurant with 70+ seating plus income-producing second-floor apartments and rooftop deck access.
Where is this conventional restaurant located?
The property is located at 5039 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: High‑traffic location with excellent visibility, surrounded by established businesses and easy access to transit.; Mixed‑use property with both commercial and residential income potential.; Thriving restaurant space with seating for 70+, bar area, and fully equipped commercial kitchen.
