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    5245 W Diversey Ave Chicago, IL 60639

    For Lease
    $12 SF/Yr ($6,098 /Mo)

    Commercial Lease - Chicago, IL

    Lot size:
    0.14 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 5245 W Diversey Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Architectural style
    Other

    Jameson Real Estate LLC (312) 335-3291 [email protected]

    Listing agent Jason Hiller (312) 751-0300 License #475158547

    Listing date Nov 22, 2025

    MLS# 12410361 Listing URL

    Copyright © 2025 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.

    Overview

    Chicago Flex Space with Woodshop

    This 6,250 square foot industrial/flex space, constructed in 1955, is located in Chicago. The property features 16-foot bow truss ceilings in excellent condition, creating an expansive and open environment. The space is divisible, making it adaptable to a variety of business needs. A fully equipped woodshop is available, with woodshop equipment, tools, and supplies available for purchase. The lot size is 0.14 acres. The zoning is COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Means of Production Theater Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Alltimate Catering

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7582423
    Latitude
    41.9311244

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    FAQs

    What type of property is this?
    Flex space - Versatile industrial/flex space with optional woodshop in Chicago.
    Where is this flex space located?
    The property is located at 5245 W Diversey Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Versatile 6,250 SF industrial/flex space in Chicago.; - Divisible space adaptable to various business needs.; - Appreciate the **16' bow truss ceilings in excellent condition.**
    (312) 751-0300
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5245 W Diversey Ave Chicago, IL 60639
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