There are multiple listings for this address:
5724 W Diversey Avenue
Chicago, IL, 60639
$274,900
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$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
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

HOA Fee Frequency
Not Applicable
Net Operating Income
$10,000
Tax Year
2024
Taxes
$12,058
Need more info?
Ask a Question
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Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

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Map

Current real estate data for Commercial in Chicago as of Aug 23, 2026
940
Commercial Listed
183
Avg DOM
$1,005,994
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
5724 W Diversey Avenue
Chicago, IL, 60639
$274,900
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$274,900
5724 W Diversey Avenue
Chicago, IL, 60639
MLS #MRD12724138 image #0MLS #MRD12724138 image #1MLS #MRD12724138 image #2MLS #MRD12724138 image #3MLS #MRD12724138 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 #:
MRD12724138
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chibelmontcragin
Listed Date:
Aug 4, 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

HOA Fee Frequency
Not Applicable
Net Operating Income
$10,000
Tax Year
2024
Taxes
$12,058
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Commercial in Chicago as of Aug 23, 2026
940
Commercial Listed
183
Avg DOM
$1,005,994
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12386145broker reciprocity
2020 N Lincoln #CU1
Chicago, IL

$350,000

3.8 miles away

broker reciprocity
MLS# MRD12366214broker reciprocity
4750 N Milwaukee Avenue
Chicago, IL

$350,000

3.0 miles away

broker reciprocity
MLS# MRD12685657broker reciprocity
4915 N Lincoln Avenue #C
Chicago, IL

$350,000

4.9 miles away

broker reciprocity
MLS# MRD12553507broker reciprocity
2701 W LAWRENCE Avenue #C
Chicago, IL

$350,000

4.5 miles away

broker reciprocity
MLS# MRD12700165broker reciprocity
2219 W BELMONT Avenue
Chicago, IL

$349,000

4.4 miles away

broker reciprocity
MLS# MRD12700242broker reciprocity
2223 W BELMONT Avenue
Chicago, IL

$349,000

4.4 miles away

broker reciprocity
MLS# MRD12628984broker reciprocity
2136 W Belmont Avenue #1
Chicago, IL

$349,000

4.5 miles away

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#mrd12724138 at 5724 W Diversey Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.