5039 W Diversey Avenue
Chicago, IL, 60639
$499,900
Beds
0 Baths
0 SqFt
0 Acres
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$499,900
5039 W Diversey Avenue
Chicago, IL, 60639
MLS #MRD12615722 image #0MLS #MRD12615722 image #1MLS #MRD12615722 image #2MLS #MRD12615722 image #3MLS #MRD12615722 image #4MLS #MRD12615722 image #5MLS #MRD12615722 image #6MLS #MRD12615722 image #7MLS #MRD12615722 image #8MLS #MRD12615722 image #9MLS #MRD12615722 image #10MLS #MRD12615722 image #11MLS #MRD12615722 image #12MLS #MRD12615722 image #13MLS #MRD12615722 image #14MLS #MRD12615722 image #15MLS #MRD12615722 image #16MLS #MRD12615722 image #17MLS #MRD12615722 image #18MLS #MRD12615722 image #19MLS #MRD12615722 image #20MLS #MRD12615722 image #21
This building includes a large main-level commercial space adaptable for a wide variety of businesses or investment opportunities. The second floor features two (2X) fully rented 2-bedroom, 1-bath apartment units, providing steady rental income. Residents also enjoy access to a rear rooftop deck, along with parking for two vehicles on the rear parking pad. 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:
$499,900
MLS #:
MRD12615722
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chibelmontcragin
Listed Date:
Apr 10, 2026
Total Sq Ft:
3,500
Year Built:
1962
Chi – Belmont CraginChibelmontcragin

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Rubber
Stories
2

Financial

Tax Year
2023
Taxes
$7,194
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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 Apr 15, 2026
935
Commercial Listed
189
Avg DOM
$1,049,973
Avg List Price

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Property Summary

    5039 W Diversey Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $499,900 To schedule a showing of MLS#mrd12615722 at 5039 W Diversey Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5039 W Diversey Avenue
Chicago, IL