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

Chicago, IL, 60639
$ 274,900
Bedrooms-- Baths-- Sq 2,860
5724 W Diversey Avenue, Chicago, IL 60639 - Image 1
5724 W Diversey Avenue, Chicago, IL 60639 - Image 2
5724 W Diversey Avenue, Chicago, IL 60639 - Image 3
5724 W Diversey Avenue, Chicago, IL 60639 - Image 4
5724 W Diversey Avenue, Chicago, IL 60639 - Image 5

Property for Rent in Chicago, IL

for $274,900. This 2,860 square foot property was built in 1965 on a lot size of 0.078076.

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.

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Rental Active

Price

$ 274,900

Taxes

$ 12,058

Style

Lot Size

0.078076

Year Built

1965

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12713175

Features
General
Cooling Central Air
Possession Immediate
Roof Rubber
Zoning OFFIC
Construction Materials Brick
Year Built 1965
Electric Circuit Breakers
Stories Count 1
Township Jefferson
Property Subtype Office
Tax Year 2024
Gross Income 24000
County Cook
Net Operating Income 10000
Operating Expense 14000
Property Type Commercial Sale Office/Tech
Status Active
Directions North East Corner of Diversey Ave. and Mango Avenue
City Chicago
Number Of Units Total 7
MLS Area CHI - Belmont Cragin
Lot Size Square Feet 3401
Tax Annual Amount 12058
Additional Parcels Y/N N
Leasable Area 0
Lease Type N/A
Standard Status Active
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Exterior
Building Area Total 2860
Lot Dimensions 120 X 26
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* Excluded Features
List By
Century 21 Circle

Broker

akolovic@c21circle.com;akolovic@c21circle.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$274,900 Listed Price

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5724 W Diversey Avenue, Chicago, IL, 60639 is a Property for Rent at $274,900 with 2,860 sqft and a lot size of 0.078076. 5724 W Diversey Avenue was built in 1965. The property's zip code is 60639 which is in Chicago, IL