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Seven-Space Storefront Property
For Sale
$274,900

5724 W Diversey Avenue, Chicago, IL 60639

B3-1-zoned commercial building with flexible occupancy and renovation needs.

Property Size2,860 SF
Price / SF$96.12
Days on Market9

Property Features for 5724 W Diversey Avenue

General Information

Standard status Active
Size 2,860 SF
Property subtype COMMERCIAL
Zoning B3-1

Property Condition

Severity Minor
Evidence does require renovations

Additional Details

Road Access Yes
Land Use commercial

Taxes and HOA fees

Annual Taxes $12,058

Building Details

Building Size 2,860 SF
Year Built 1965
Buildings 1
Tenancy Multi
Listing Agency: Century 21 Circle
Listed By: Alia Kolovic
Source: Cnetproperties
Added: Aug 4 Changed: Aug 12 Last Checked: Aug 12 at 2:44AM

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 Century 21 Circle

Investment Insights

Based on property information with market context.

This storefront property contains 2,860 square feet arranged as seven separate commercial spaces. Built in 1965, the building requires renovation and is offered in as-is condition. Each space is occupied under a month-to-month lease arrangement, allowing the existing configuration to remain in place while providing flexibility for future changes.

The property is located at 5724 W Diversey Avenue in Chicago, Illinois. B3-1 zoning supports the site's commercial classification and provides a framework for evaluating continued storefront use, renovation, or redevelopment. The combination of multiple spaces, short-term tenancy, and an established commercial corridor creates a clearly defined operating and repositioning profile for prospective purchasers.

Key Highlights

  • 2,860‑square‑foot storefront property at 5724 W Diversey Avenue in Chicago
  • Seven separate commercial tenant spaces
  • Month‑to‑month leases across the tenant spaces

Property Analytics

Current Use

Transportes Los Primos Shipping Company 🏆Foodservice Database Company ... Publishing House

Suggested Use

Top Pick Law Firm Acupuncture Skin Care Clinic Tech Support Center Catering Service Garden 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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,767
Businesses Nearby
60k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 75% Shops & Services 12% Electronics 9% Dining 4%
Tony's Fresh Market Groceries
44,699 visits/mo 0.3 miles
Dollar General Shops & Services
7,408 visits/mo 0.5 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

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
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Frequently Asked Questions

What type of property is this?
Storefront property - B3-1-zoned commercial building with flexible occupancy and renovation needs.
Where is this storefront property located?
The property is located at 5724 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: 2,860‑square‑foot storefront property at 5724 W Diversey Avenue in Chicago; Seven separate commercial tenant spaces; Month‑to‑month leases across the tenant spaces
More about this property
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