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5037 W Diversey Ave Chicago, IL 60639

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For Sale
$529,900

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

Type:Office, Multifamily, Retail, Mixed Use
Property size:
4,000 SF
Added:
Mar 7, 2026
Days on Market:
25
Last Refresh:
Mar 16 at 3:11 pm

Property Features for 5037 W Diversey Ave

General Information

Standard status
Active
Size
4,000 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 offers approximately 4,200 square feet of rentable commercial and residential space. The property features a high-traffic restaurant with seating for over 70 guests, a bar area, and a commercial kitchen equipped with walk-in coolers and storage. The layout and multiple entrances allow for expansion or reconfiguration, making the space suitable for a restaurant concept, banquet hall, party venue, or other commercial venture. The second floor includes a residential unit with three oversized bedrooms, a large living room, a formal dining room, an eat-in kitchen, and a laundry room. Additional features include a rooftop deck above the rear restaurant area and an attached garage/storage space. Situated in a high-traffic corridor surrounded by retail, eateries, and neighborhood businesses, the property benefits from visibility and consistent foot and vehicle traffic. The property is located in a community known for household incomes and commercial activity. This property blends income potential, location, and growth opportunity.
Location Intelligence

Current Use by Public Records

POZOLERIA EL MEXICANO ... Restaurant Fabio Apartment Building

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 space.
Where is this mixed-use property located?
The property is located at 5037 W Diversey Ave Chicago, IL.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: High‑visibility location on Diversey Avenue in the Belmont Cragin community.; Thriving, high‑traffic restaurant with seating for 70+ and a fully equipped commercial kitchen.; Spacious, sun‑filled three‑bedroom residential unit on the second floor.
More about this property
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