Mixed-Use Property in Belmont
5037 W Diversey Ave, Chicago, IL 60639
Two-story mixed-use property with commercial and residential space.
Type:Office, Multifamily, Retail, Mixed Use
Property size:
4,000 SFPrice / SF:
$132/SF- Added:
- Mar 7, 2026
- Days on Market:
- 75
- 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
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
HighLights
- 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.
- Flexible layout suitable for various commercial ventures (restaurant, banquet hall, etc.).
- Established income from existing restaurant and residential rental potential.
- Rooftop deck and attached garage/storage space.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
POZOLERIA EL MEXICANO ...
Restaurant
Fabio
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7529592
- Latitude
- 41.9311948
Nearby Similar for Sale
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.
