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