5037 W Diversey Avenue
Chicago, IL, 60639
$529,900
Beds
0 Baths
0 SqFt
0 Acres
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$529,900
5037 W Diversey Avenue
Chicago, IL, 60639
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Positioned on the highly visible location of Diversey Avenue and LeClaire Avenue, this two-story mixed-use property presents an outstanding opportunity for investors and owner-users seeking a strong presence in Chicago’s vibrant Belmont Cragin community. Offering approximately 4,200 square feet of rentable commercial and residential space, the property combines established income, flexible commercial use, and residential potential. This building features a thriving, high-traffic restaurant with seating for 70+ guests, a welcoming bar area, and a fully equipped commercial kitchen with walk-in coolers and ample storage. The flexible layout and multiple entrances provide excellent potential for expansion or reconfiguration, making the space suitable for a restaurant concept, banquet hall, party venue, or other commercial venture. Above the restaurant, the second floor offers a spacious and sun-filled residential unit with three oversized bedrooms, a large living room, formal dining room, eat-in kitchen, laundry room, and abundant natural light. Additional highlights include a rooftop deck above the rear restaurant area and an attached garage/storage space. Located in a high-traffic corridor surrounded by established retail, popular eateries, and neighborhood businesses, the property benefits from excellent visibility and consistent foot and vehicle traffic. With easy access to major transit routes, it sits within a thriving community known for strong household incomes and steady commercial activity. This estate sale offers the rare chance to acquire a well-positioned mixed-use investment that blends income potential, prime location, and long-term growth opportunity. Invest with confidence and watch your investment grow.

Property Details

Price:
$529,900
MLS #:
MRD12585356
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chibelmontcragin
Listed Date:
Mar 6, 2026
Total Sq Ft:
4,000
Year Built:
1962
Chi – Belmont CraginChibelmontcragin

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Rubber

Financial

Tax Year
2023
Taxes
$8,839
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Mar 10, 2026
929
Commercial Listed
196
Avg DOM
199
Avg $ / SqFt
$1,024,003
Avg List Price

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Property Summary

    5037 W Diversey Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $529,900 To schedule a showing of MLS#mrd12585356 at 5037 W Diversey Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5037 W Diversey Avenue
Chicago, IL