Mixed-Use Restaurant and
For Sale
$889,900
5037-39 W Diversey Avenue, Chicago, IL 60639
Two-building mixed-use property with ground-floor restaurant space and residential units above and to the rear.
Property Size5,500 SF
Price / SF$161.80
Days on Market183
Property Features for 5037-39 W Diversey Avenue
General Information
Standard status
Active
Size
5,500 SF
Total Parking Spaces
2
Property subtype
General Commercial
Additional Details
Multifamily Units
3
Amenities
rooftop deck
garage/storage
Building Details
Year Built
1962
Stories
2
Listing Agency:
REMAX Legends
(312) 465-9778
Listed By:
Edgardo Guerrero · License #475159071
(312) 465-9778
Source:
Xome
Added: Mar 2
Changed: Jul 22
Last Checked: Aug 31 at 1:20PM
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 REMAX Legends
Investment Insights
Based on property information with market context.
This two-story, two-building mixed-use property includes established restaurant space and residential living area. The first building features a commercial kitchen with walk-in coolers and ample storage, along with a bar area and seating for 70+ guests. Multiple entrances and a flexible layout support reconfiguration for other restaurant-related concepts, event-style use, or additional commercial programming. A rooftop deck sits above the rear restaurant area, and the property also offers attached garage/storage space.
The second building includes a large main-level commercial space adaptable for a wide range of business uses, while the upper level has two fully rented apartments, each with two bedrooms and one bath. Residents have access to a rear rooftop deck, and there is parking for two vehicles on the rear parking pad.
Positioned on Diversey Avenue and LeClaire Avenue, the property is described as being in a highly visible, high-traffic corridor surrounded by established retail and neighborhood businesses, with access to major transit routes.
The second building includes a large main-level commercial space adaptable for a wide range of business uses, while the upper level has two fully rented apartments, each with two bedrooms and one bath. Residents have access to a rear rooftop deck, and there is parking for two vehicles on the rear parking pad.
Positioned on Diversey Avenue and LeClaire Avenue, the property is described as being in a highly visible, high-traffic corridor surrounded by established retail and neighborhood businesses, with access to major transit routes.
Key Highlights
- Two‑building mixed‑use property with approximately 4,200 SF of rentable commercial space plus residential units
- First building includes a fully equipped restaurant kitchen with walk‑in coolers and walk‑in storage
- Restaurant seating for 70+ guests with bar area and commercial kitchen
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,803
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-building mixed-use property with ground-floor restaurant space and residential units above and to the rear.
Where is this conventional restaurant located?
The property is located at 5037-39 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $889,900.
What are key features of this property?
This property features: Two‑building mixed‑use property with approximately 4,200 SF of rentable commercial space plus residential units; First building includes a fully equipped restaurant kitchen with walk‑in coolers and walk‑in storage; Restaurant seating for 70+ guests with bar area and commercial kitchen
