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Mixed-Use Building with Restaurant
For Sale
$469,900

5039 W Diversey Avenue, Chicago, IL 60639

COMMERCIAL - Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market126

Property Features for 5039 W Diversey Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions North or South on Cicero Ave to Diversey St. West on Diversey to PROPERTY!
Subdivision CHI - Belmont Cragin
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

Amenities

rooftop deck
attached garage/storage space

Building Details

Year built 1962
Floors in Building 2
Number of units 3
Building materials Brick
Roof type Rubber
Listing Agency: REMAX Legends · RE/MAX International
Listed By: Edgardo Guerrero · License #475159071
Added: Apr 10 Changed: Aug 4 Last Checked: Aug 13 at 1:06AM
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.

Investment Insights

Based on property information with market context.

This brick mixed-use building combines a street-level restaurant with residential space above. The commercial portion includes seating for 70+ guests, a bar, commercial kitchen, walk-in coolers, storage, and multiple entrances. A rear rooftop deck, attached garage or storage area, and parking for two vehicles add functional flexibility. Central air, a rubber roof, and natural gas availability are also noted, with construction completed in 1962.

The property is positioned along a high-traffic corridor in Chicago, surrounded by established retail, eateries, and neighborhood businesses. The setting provides access to major transit routes and ongoing pedestrian and vehicle activity. The second floor contains fully rented apartment units, adding a residential component to the commercial layout. Zoning is designated COMMR.

Key Highlights

  • Restaurant seating for 70+ guests with bar area and commercial kitchen
  • Two fully rented 2‑bedroom, 1‑bath apartment units on the second floor
  • Walk‑in coolers, storage, and multiple entrances in the commercial space

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Acupuncture Skin Care Clinic Catering Service Hotel & Motel Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,701
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines a restaurant operation, rented apartments, rooftop space, and on-site parking.
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 $469,900.
What are key features of this property?
This property features: Restaurant seating for 70+ guests with bar area and commercial kitchen; Two fully rented 2‑bedroom, 1‑bath apartment units on the second floor; Walk‑in coolers, storage, and multiple entrances in the commercial space
More about this property
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