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    Mixed-Use Property in Belmont Cragin

    5037 W Diversey Avenue Chicago, IL 60639

    Claim this Listing
    For Sale
    Under Contract
    $529,900

    COMMERCIAL - Chicago, IL

    Property size:
    4,200 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $126/SF
    Added:
    Mar 6, 2026
    Days on Market:
    128
    Last Refresh:
    Jul 12 at 9:06 am

    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

    Listing office REMAX Legends 17W480 22ND ST, Oakbrook Terrace, IL

    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.

    Investment Insights

    Based on property information with market context.

    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.

    Key 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.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    POZOLERIA EL MEXICANO ... Restaurant Fabio Apartment Building

    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.

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    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.
    Contact an agent
    (708) 655-5000
    We can help!
    Contact an agent
    Edgardo Guerrero
    Edgardo Guerrero
    Real Estate License ID: 475159071
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