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5037-39 W Diversey Ave Chicago, IL 60639

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For Sale
$889,900

Two-story mixed-use property with commercial and residential potential.

Type:Office, Multifamily, Retail, Mixed Use
Property size:
5,500 SF
Added:
Mar 7, 2026
Days on Market:
25
Last Refresh:
Mar 16 at 3:11 pm

Property Features for 5037-39 W Diversey Ave

General Information

Standard status
Active
Size
5,500 SF
Property subtype
Office, Multifamily, Retail, Mixed Use

Building Details

Year Built
1962

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Listing Contact
Edgar R Guerrero

Listing agent Edgar R Guerrero License #IL 874979

Listing office Remax Legends

Listing date Mar 7, 2026

Source Crexi

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


Overview

Mixed-Use Property in Belmont Cragin

Located on Diversey Avenue and LeClaire Avenue, this two-story mixed-use property in Chicago's Belmont Cragin community offers approximately 4,200 square feet of rentable commercial space across two buildings. The first building houses a high-traffic restaurant with seating for over 70 guests, a bar area, and a commercial kitchen equipped with walk-in coolers. The layout allows for expansion or reconfiguration, suitable for a restaurant, banquet hall, party venue, or other commercial uses. Above the restaurant, the second floor features a residential unit with three bedrooms, a living room, a dining room, an eat-in kitchen, and a laundry room. Additional features include a rooftop deck and an attached garage/storage space. The second building includes a main-level commercial space adaptable for various businesses. The second floor contains two rented 2-bedroom, 1-bath apartments, providing rental income. Residents have access to a rear rooftop deck and parking for two vehicles on the rear parking pad. Situated in a high-traffic area with retail, eateries, and neighborhood businesses, the property benefits from visibility and consistent traffic. The property is located within a community known for household incomes and commercial activity. The property size is 5,500 square feet.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7529592
Latitude
41.9311948

FAQs

What type of property is this?
Mixed-use property - Two-story mixed-use property with commercial and residential potential.
Where is this mixed-use property located?
The property is located at 5037-39 W Diversey Ave 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: High‑visibility location on Diversey Avenue in the Belmont Cragin community, ensuring strong foot and vehicle traffic.; Substantial rentable commercial space (approximately 4,200 sq ft) across two buildings, offering flexible use and income potential.; Established high‑traffic restaurant with seating for 70+, a bar area, and a fully equipped commercial kitchen.
More about this property
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