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Paved Commercial Land

4918-22 W Diversey Avenue, Chicago, IL 60639

For Sale
$520,000
Under Contract

Land, Chicago, IL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market96

Property Features for 4918-22 W Diversey Avenue

General Information

Property type Land
Property subtype Other
Zoning COMMR
Elementary school district 299
Middle school district 299
High school district 299
Directions On W Diversey Ave, between N Lavergne Ave and N Lamon Ave, on the north side of the street
Subdivision CHI - Belmont Cragin
Standard status Active Under Contract
APN 13282300340000
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Listing Agency: Century 21 Circle · Century 21 Real Estate
Listed By: Natalia Novikova
Added: Aug 6 Changed: Aug 27 Last Checked: Nov 9 at 4:06AM
MLS# 12725833

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.

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering combines three contiguous lots into one approximately 9,762-square-foot site. The property is currently paved and functions as a parking area, providing an existing surface improvement across the assembled parcel. Dimensions are approximately 78 feet by 125.16 feet, with each lot contributing approximately 26 feet of frontage.

The site occupies a midblock position along an established commercial corridor in Chicago’s Belmont Cragin community area. Existing mixed-use buildings flank the property, while a 16-foot public alley provides rear access. The property is located at 4918-22 W Diversey Avenue in Chicago, Illinois, with development feasibility and applicable requirements subject to independent verification.

Key Highlights

  • Three contiguous lots offered together as one approximately 9,762‑square‑foot site
  • Approximately 0.22 acres with dimensions of about 78 feet by 125.16 feet
  • Each lot provides approximately 26 feet of frontage

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Skin Care Clinic Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,763
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Chicago

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Frequently Asked Questions

What type of property is this?
Commercial land - Three contiguous lots form a paved commercial site with alley access and established corridor exposure.
Where is this commercial land located?
The property is located at 4918-22 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Three contiguous lots offered together as one approximately 9,762‑square‑foot site; Approximately 0.22 acres with dimensions of about 78 feet by 125.16 feet; Each lot provides approximately 26 feet of frontage
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