$274,900

5724 W Diversey Avenue, Chicago IL, 60639

Price per sqft$96.12

Built in1965

Property size2,860 sqft

Property typeCommercial

Listed by Alia Kolovic with Century 21 Circle 773-465-4200

Overview

Active

Listed Aug 4, 2026

Updated 4 days ago

Outstanding Owner-User or Investor Opportunity! Situated on highly desirable, high-traffic Diversey Avenue, this commercial property offers exceptional visibility and endless potential. The building is currently configured into seven separate commercial tenant spaces, with all tenants on flexible month-to-month leases, providing immediate flexibility for an owner-user, investor, or developer. The property does require renovations and is being sold as-is, making it an ideal opportunity for buyers looking to add value. Whether you choose to renovate the existing building and continue operating it as an income-producing investment, lease the spaces in their current configuration with improvements over time, or pursue a complete redevelopment, the possibilities are substantial. Zoned B3-1, the property offers excellent redevelopment potential in one of Chicago's established commercial corridors. This is a rare chance to acquire a property with current income, future upside, and the flexibility to execute your vision in a prime location.

Additional information

MLS^® ID: 12724138

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.08 Acres

Other Property Details

Taxes: $12,058
Tax Frequency: Annually

Listed by Alia Kolovic with Century 21 Circle 773-465-4200

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity^SM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Sandy Hunter are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED 10/6/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

Data is refreshed every 3 hours. Listing last updated 3:37 AM UTC on 10/6/2026.

DMCA Notice