Search
Former Bank Drive-Thru Facility
For Sale
Contact for pricing
Pending

5525 West Diversey Avenue, Chicago, IL 60639

Former bank branch with seven drive-thru lanes on a 37,500 SF lot along Diversey Avenue.

Property Size3,052 SF
Lot Size0.86 Acres
Days on Market126

Property Features for 5525 West Diversey Avenue

General Information

Standard status Pending
Size 3,052 SF
Lot size 0.86 Acres
Property subtype Retail
Zoning B3-1

Additional Details

Traffic Count 27,000 vehicles/day
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #471022713
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 9 at 8:56AM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This 3,052 SF former bank branch is located on a 37,500 SF lot along Diversey Avenue, just off the corner of Central Avenue. The property is zoned B3-1 and includes seven existing drive-thru lanes, providing a ready-made layout for quick service concepts.

The site benefits from a combined traffic count of 27,000 VPD at the location. Surrounding commercial tenants include Walgreens, Aldi, Family Dollar, AutoZone, Just Tires, Tony's Finer Food, Carquest, and T-Mobile.

The building could support a variety of uses consistent with the existing drive-thru configuration, including retail, bank, restaurant, service-oriented, and office, as well as multi-family development per zoning allowances.

Key Highlights

  • 3,052 SF former bank branch on a 37,500 SF lot along Diversey Avenue just off Central Avenue
  • Property includes 7 existing drive‑thru lanes, suited for a quick‑service restaurant setup
  • Zoned B3‑1

Property Analytics

Current Use

Aurea Ester Martinez ... Apartment Building

Suggested Use

Top Pick Law Firm Acupuncture Garden Center Nursing Home Catering Service 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

27,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,959
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 85% Electronics 10% Dining 5%
Tony's Fresh Market Groceries
44,699 visits/mo 0.3 miles
Boost Mobile Electronics
2,628 visits/mo 0.5 miles
SUBWAY Dining
2,543 visits/mo 0.5 miles
Cricket Wireless Authorized Retailer Electronics
2,495 visits/mo 0.5 miles
Metro by T-Mobile Electronics
295 visits/mo 0.5 miles

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 Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Bank - Former bank branch with seven drive-thru lanes on a 37,500 SF lot along Diversey Avenue.
Where is this bank located?
The property is located at 5525 West Diversey Avenue Chicago, IL.
What are key features of this property?
This property features: 3,052 SF former bank branch on a 37,500 SF lot along Diversey Avenue just off Central Avenue; Property includes 7 existing drive‑thru lanes, suited for a quick‑service restaurant setup; Zoned B3‑1
(847) 542-9058 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message