Mixed-Use Property in Belmont
5037 W Diversey Avenue, Chicago, IL 60639
- Added:
- Mar 6, 2026
- Days on Market:
- 76
- Last Refresh:
- May 21 at 8:06 pm
Property Features for 5037 W Diversey Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active Under Contract
- APN
- 13284010100000
- Size
- 4,200 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 8839
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Central Air
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Rubber
Listing agent Edgardo Guerrero License #475159071 (708) 655-5000
Listing office REMAX Legends 17W480 22ND ST, Oakbrook Terrace, IL (630) 216-8000
Listing date Mar 6, 2026
MLS# 12585356
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic location on Diversey Avenue in Belmont Cragin, offering excellent visibility.
- Thriving restaurant space with seating for 70+, a bar area, and a fully equipped commercial kitchen.
- Spacious, sun‑filled 3‑bedroom residential unit on the second floor.
- Flexible layout suitable for various commercial ventures (restaurant, banquet hall, etc.).
- Rooftop deck and attached garage/storage space.
- Mixed‑use property with established income and residential potential.
Overview
Located on Diversey Avenue and LeClaire Avenue, this two-story mixed-use property offers an opportunity for investors and owner-users in Chicago's Belmont Cragin community. The property provides approximately 4,200 square feet of rentable commercial and residential space, combining established income with commercial and residential potential. The building features a high-traffic restaurant with seating for over 70 guests, a bar area, and a commercial kitchen 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 offers a residential unit with three oversized bedrooms, a large living room, formal dining room, eat-in kitchen, laundry room, and natural light. 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. With access to major transit routes, it is located within a community known for household incomes and commercial activity. The lot size is 0.0717 acres.
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 Avenue 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‑traffic location on Diversey Avenue in Belmont Cragin, offering excellent visibility.; Thriving restaurant space with seating for 70+, a bar area, and a fully equipped commercial kitchen.; Spacious, sun‑filled 3‑bedroom residential unit on the second floor.
