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Restaurant Space with Commercial Kitchen
For Lease
Contact for pricing

5959 W Diversey Avenue, Chicago, IL 60639

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market49

Property Features for 5959 W Diversey Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions Located on Diversey Ave just east of Central Ave and west of Cicero Ave.
Subdivision CHI - Belmont Cragin
Standard status Active
APN 13294000010000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 25766

Utilities

Cooling system Central Air

Building Details

Year built 1965
Floors in Building 1
Listing Agency: Hometown Real Estate
Listed By: Bianca Lebron · License #475176377
Added: Jul 13 Changed: Aug 19 Last Checked: Aug 30 at 4:06AM
MLS# 12704173

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 restaurant premises at 5959 W Diversey Avenue includes commercial kitchen improvements and essential food-service fixtures already in place. Select equipment, furnishings, and operational assets may be negotiated with the lease or purchased separately. Central air is installed, and the building dates to 1965.

The property sits along Diversey Avenue in Chicago’s Belmont Cragin neighborhood, within an established commercial corridor surrounded by retailers, service businesses, and residential communities. Access is available to Cicero Avenue, Central Avenue, CTA bus routes, I-90/94, and I-290. The lease includes real estate taxes and water; the tenant handles utilities, insurance, and maintenance.

Key Highlights

  • Commercial kitchen improvements and food‑service fixtures already installed
  • Select restaurant equipment, furnishings, and operational assets may be negotiated or purchased separately
  • Located at 5959 W Diversey Avenue in Chicago’s Belmont Cragin neighborhood

Property Analytics

Current Use

Baskin-Robbins Grocery & Convenience Store Dunkin' (Bike/Boat/Book/etc) Store Taco Pros - Mexican ... Restaurant Subway Restaurant

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,701
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 85% Electronics 12% Shops & Services 3%
Wendy's Dining
22,127 visits/mo 0.5 miles
Little Caesars Pizza Dining
8,660 visits/mo 0.5 miles
Metro by T-Mobile Electronics
4,531 visits/mo 0.5 miles
H&R Block Shops & Services
994 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

Lease Benchmarks for Chicago, IL

$28.22 /SF/Yr
Avg Asking Price
$19–$55 /SF/Yr
Price Range
3,783 SF
Avg Space Size

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?
Conventional restaurant - Existing food-service improvements support restaurant, carry-out, catering, commissary, and food-preparation operations.
Where is this conventional restaurant located?
The property is located at 5959 W Diversey Avenue Chicago, IL.
What are key features of this property?
This property features: Commercial kitchen improvements and food‑service fixtures already installed; Select restaurant equipment, furnishings, and operational assets may be negotiated or purchased separately; Located at 5959 W Diversey Avenue in Chicago’s Belmont Cragin neighborhood
More about this property
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