5724 W Diversey Avenue, Chicago, IL
  • $274,900

Description

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.

  • Listing Courtesy of: Century 21 Circle

Details

Updated on July 24, 2026 at 2:18 pm
  • Property ID MRD12713175
  • Price $274,900
  • Year Built 1965
  • Property Type Office
  • Property Status Active
  • Parcel Number 13292290370000
  • MLS Status New
  • Cumulative Days On Market 2
  • Tax Annual Amount 12058
  • Cooling Central Air
  • Directions North East Corner of Diversey Ave. and Mango Avenue
  • BuildingAreaTotal 2860
  • LotSizeSquareFeet 3401
  • StoriesTotal 1
  • Zoning OFFIC
  • Address 5724 W Diversey Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60639
  • Country United States

Overview

Property ID: MRD12713175
  • Office
  • Property Type
  • 1965
  • Year Built

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