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Two-Story Retail Mixed-Use Property
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6011 West Diversey Ave, Chicago, IL 60639

Two-story retail on the first floor with two residential units above, plus a partial unfinished basement and detached two-car garage.

Property SizeContact for details
Days on Market121

Property Features for 6011 West Diversey Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Retail, Multifamily, Note/Loan

Additional Details

Multifamily Units 2

Building Details

Year Built 1922
Stories 2
Listing Agency: Rhenium Capital
Listed By: Andre Cuadrado · License #FL BK3287912
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:50PM

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 Rhenium Capital

Investment Insights

Based on property information with market context.

The subject collateral is a two-story mixed-use retail and residential property built in 1922. The first floor is occupied by Abels Magic Graphics, a local graphic design and printing service that has operated at the location for 19 years. The second floor contains two residential apartment units. The building includes a partial unfinished basement and a detached two-car garage.

The property fronts Diversey Ave in Chicago’s Belmont Cragin neighborhood. Belmont Cragin is Community Area 19 on the Northwest Side, approximately 8 miles northwest of the Loop. The asset is also positioned 7 blocks east of a Lowe’s and Target anchored power center and 4 blocks north of Riis Park.

This offering represents a non-performing loan that is part of a 9-asset portfolio. Investors may submit offers on individual loans or the entire portfolio, with the master data tape for the portfolio available in the due diligence vault.

Key Highlights

  • Two‑story retail and residential building with Abels Magic Graphics on the first floor and 2 apartment units on the second
  • Built in 1922; includes a partial unfinished basement and a detached two‑car garage
  • Located in Chicago’s Belmont Cragin neighborhood (Community Area 19), about 8 miles NW of the Loop

Property Analytics

Current Use

Abel's Magic Graphics Textile Manufacturer

Suggested Use

Top Pick Law Firm Skin Care Clinic Acupuncture 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,701
Businesses Nearby
Balanced
Demand for This Use

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?
Storefront property - Two-story retail on the first floor with two residential units above, plus a partial unfinished basement and detached two-car garage.
Where is this storefront property located?
The property is located at 6011 West Diversey Ave Chicago, IL.
What are key features of this property?
This property features: Two‑story retail and residential building with Abels Magic Graphics on the first floor and 2 apartment units on the second; Built in 1922; includes a partial unfinished basement and a detached two‑car garage; Located in Chicago’s Belmont Cragin neighborhood (Community Area 19), about 8 miles NW of the Loop
More about this property
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