5245 W Diversey Avenue Chicago, IL ^$ 499,000

5245 W Diversey Avenue

^$ 499,000

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5245 W Diversey Avenue

Chicago, IL, 60639

^$ 499,000

Bedrooms-- Baths-- Sq 6,200

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Property for Rent in Chicago, IL

for $499,000. This 6,200 square foot property was built in 1955 on a lot size of 0.14348.

Presenting a unique opportunity to invest in a versatile industrial/flex space in the heart of Chicago. This 6,250 SF building, built in 1955, offers the flexibility of divisibility, making it adaptable to a variety of business needs. The property boasts 16' bow truss ceilings in excellent condition, creating an expansive and open environment for operations. Notably, the space includes access to a fully equipped woodshop, with woodshop equipment, tools, and supplies available for purchase, providing added value for potential buyers. With its prime location and exceptional features, this property is positioned to meet the diverse needs of industrial and flex space investors.

Rental Active

Price

^$ 499,000

Taxes

^$ 11,427

Style

Commercial

Lot Size

0.14348

Year Built

1955

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12445217

Features

General

Cooling Central Air Office Only

Utilities Electric to Site Natural Gas Available

Roof Membrane

Zoning COMMR

Construction Materials Brick

Year Built 1955

Electric Power - 480V Three Phase

Tenant Pays Other

Stories Count 1

Property Subtype Other

Tax Year 2023

Current Use Commercial

Gross Income 40680

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 20865

Property Type Commercial Sale Retail/Stores

Status Active

Directions West on Diversey from Cicero Ave to property

City Chicago

MLS Area CHI - Belmont Cragin

Lot Size Square Feet 6250

Tax Annual Amount 11427

Electric Expense 2100

Fuel Expense 3500

Water Sewer Expense 288

Additional Parcels Y/N N

Leasable Area 0

Lease Type Modified Gross

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 6200

Lot Dimensions 46x125

Frontage Type City Street

* Excluded Features

List By

Jameson Sotheby's Intl Realty

Broker

jhiller@jamesonsir.com

Nearby

Trends
Schools

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/23/2026	$499,000	-9.11%	Price Down
9/10/2025	$549,000	-7.73%	Price Down
8/14/2025	$595,000		Listed Price

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5245 W Diversey Avenue, Chicago, IL, 60639 is a Property for Rent at $499,000 with 6,200 sqft and a lot size of 0.14348. 5245 W Diversey Avenue was built in 1955. The property's zip code is 60639 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Data is updated as of 2/2/2026.

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5245 W Diversey Avenue

Property for Rent in Chicago, IL

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