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Mixed-Use Building with Storefronts
For Sale
$595,000

5817 W Diversey Avenue, Chicago, IL 60639

Masonry construction combines commercial frontage, apartment space, and alley-accessible surface parking.

Property SizeContact for details
Days on Market8

Property Features for 5817 W Diversey Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $9,443

Building Details

Year Built 1930
Construction masonry
Tenancy Multi
Listing Agency: Triton Realty Group LLC
Listed By: James Thompson · License #475191053
Source: Cnetproperties
Added: Aug 26 Changed: Aug 31 Last Checked: Aug 31 at 9:26PM

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 Triton Realty Group LLC

Investment Insights

Based on property information with market context.

Built in 1930, this mixed-use property features solid masonry construction with two commercial storefronts and apartment space. One commercial suite has been updated for immediate occupancy or leasing, while a retail tenant is already established in the building.

Surface parking is accessed from the alley and is currently leased to a neighboring user for vehicle storage. The property is located on Chicago’s northwest side in the Belmont Cragin neighborhood.

Key Highlights

  • Two commercial storefronts within a mixed‑use building
  • Two apartments included in the property configuration
  • Updated commercial suite suitable for immediate occupancy or lease‑up

Property Analytics

Current Use

Fab's Nutrition Specialty Food Shop

Suggested Use

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

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,607
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Masonry construction combines commercial frontage, apartment space, and alley-accessible surface parking.
Where is this mixed-use property located?
The property is located at 5817 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two commercial storefronts within a mixed‑use building; Two apartments included in the property configuration; Updated commercial suite suitable for immediate occupancy or lease‑up
More about this property
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