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Mixed-Use Restaurant and Residential

5037-39 W Diversey Avenue Chicago, IL 60639

5037-39 W Diversey Avenue, Chicago, IL, 60639
$889,900
For Sale
$889,900

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 Market142

Property Features for 5037-39 W Diversey Avenue

General Information

Standard status
Active
Size
5,500 SF
Property subtype
General Commercial

Building Details

Year Built
1962
Listing agency REMAX Legends
Listed by Edgardo Guerrero · License #475159071
Source Xome
Added: Mar 2 Updated: Jul 22 at 1:45AM Checked: Jul 22 at 3:45AM

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.

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

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm Acupuncture Skin Care Clinic Catering Service Hotel & Motel Tech Support Center (Bike/Boat/Book/etc) Store Nursing Home Cafe & Coffee Shop Computer & Electronic Repair

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

FAQs

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
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