Turnkey Six-Unit
5007 W Diversey Avenue Chicago, IL 60639
For Sale
$959,000
Turnkey six-unit apartment building with five 2-bedroom units and one 1-bedroom unit, plus leased coin laundry.
Days on Market74
Property Features for 5007 W Diversey Avenue
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing Agency:
Coldwell Banker Real Estate Group
(630) 904-4334
Listed By:
Randy Ghanayem
(630) 904-4334
Source:
Perillorealestategroup
Added: May 12
Changed: Jul 22
Last Checked: Jul 23 at 7:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
Turnkey six-unit multifamily property in Belmont Cragin, built in the 1970s. The building’s unit mix consists of five 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment, all above grade. Interior features include eat-in kitchens and hardwood floors on the upper levels, with updated bathrooms in most units. Operationally, heating is managed with separate furnaces for first-floor units and a shared system for upper units. Additional income is supported by a leased coin-operated washer and dryer.
The property is located near Diversey, Cicero, and Fullerton, with easy access to CTA bus routes, Metra, and I-90/94. A generously sized lot includes five off-alley parking spaces, supporting tenant convenience and occupancy stability.
Reported major improvements include a water heater approximately three years old and a roof estimated to be 10–12 years old. Financial details, including the rent roll and pro forma projections, are available upon request.
The property is located near Diversey, Cicero, and Fullerton, with easy access to CTA bus routes, Metra, and I-90/94. A generously sized lot includes five off-alley parking spaces, supporting tenant convenience and occupancy stability.
Reported major improvements include a water heater approximately three years old and a roof estimated to be 10–12 years old. Financial details, including the rent roll and pro forma projections, are available upon request.
Key Highlights
- 1970‑built 6‑unit apartment building with five 2 bed, 1 bath units and one 1 bed, 1 bath unit
- Heating setup includes separate furnaces for first‑floor units and a shared system for the upper units
- Leased coin‑operated washer and dryer on‑site provides supplemental income
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FAQs
What type of property is this?
Apartment building - Turnkey six-unit apartment building with five 2-bedroom units and one 1-bedroom unit, plus leased coin laundry.
Where is this apartment building located?
The property is located at 5007 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $959,000.
What are key features of this property?
This property features: 1970‑built 6‑unit apartment building with five 2 bed, 1 bath units and one 1 bed, 1 bath unit; Heating setup includes separate furnaces for first‑floor units and a shared system for the upper units; Leased coin‑operated washer and dryer on‑site provides supplemental income
