5724 W Diversey Avenue
Chicago, IL, 60639
$274,900
Beds
0 Baths
0 SqFt
0 Acres
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$274,900
5724 W Diversey Avenue
Chicago, IL, 60639
MLS #MRD12713175 image #0MLS #MRD12713175 image #1MLS #MRD12713175 image #2MLS #MRD12713175 image #3MLS #MRD12713175 image #4
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.

Property Details

Price:
$274,900
MLS #:
MRD12713175
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Office
Neighborhood:
chibelmontcragin
Listed Date:
Jul 22, 2026
Total Sq Ft:
2,860
Year Built:
1965
Chi – Belmont CraginChibelmontcragin

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Rubber
Stories
1

Financial

Net Operating Income
$10,000
Tax Year
2024
Taxes
$12,058
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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 Jul 30, 2026
944
Commercial Listed
184
Avg DOM
$1,015,392
Avg List Price

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Property Summary

    5724 W Diversey Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $274,900 To schedule a showing of MLS#mrd12713175 at 5724 W Diversey Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5724 W Diversey Avenue
Chicago, IL