Mixed-Use Building in High-Traffic
5039 W Diversey Avenue, Chicago, IL 60639
- Added:
- Apr 10, 2026
- Days on Market:
- 35
- Last Refresh:
- May 14 at 6:06 am
Property Features for 5039 W Diversey Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active
- APN
- 13284010090000
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 7194
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Central Air
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 3
- 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 Apr 10, 2026
MLS# 12615722
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 with excellent visibility, surrounded by established businesses and easy access to transit.
- Mixed‑use property with both commercial and residential income potential.
- Thriving restaurant space with seating for 70+, bar area, and fully equipped commercial kitchen.
- Two fully rented 2‑bedroom apartment units providing steady rental income.
- Spacious residential unit with three oversized bedrooms, large living room, and abundant natural light.
- Rooftop deck and rear parking pad for two vehicles.
Overview
This mixed-use building features a large main-level commercial space suitable for various businesses or investment opportunities. The second floor includes two fully rented 2-bedroom, 1-bath apartment units, providing rental income. Residents have access to a rear rooftop deck, along with parking for two vehicles on the rear parking pad. The building currently houses 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. Above the restaurant, the second floor offers a residential unit with three oversized bedrooms, a large living room, formal dining room, eat-in kitchen, and laundry room. Additional features include a rooftop deck above the rear restaurant area and an attached garage/storage space. Located in a high-traffic corridor surrounded by retail, eateries, and neighborhood businesses, the property benefits from visibility and consistent foot and vehicle traffic. It has access to major transit routes and is situated in 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
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.753051
- Latitude
- 41.9311936
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial space and residential units in Chicago.
Where is this mixed-use property located?
The property is located at 5039 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: High‑traffic location with excellent visibility, surrounded by established businesses and easy access to transit.; Mixed‑use property with both commercial and residential income potential.; Thriving restaurant space with seating for 70+, bar area, and fully equipped commercial kitchen.
