5817 W Diversey Avenue
Chicago, IL, 60639
$595,000
6 Beds
5 Baths
0 SqFt
0 Acres
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$595,000
5817 W Diversey Avenue
Chicago, IL, 60639
MLS #MRD12743002 image #0MLS #MRD12743002 image #1MLS #MRD12743002 image #2MLS #MRD12743002 image #3MLS #MRD12743002 image #4MLS #MRD12743002 image #5MLS #MRD12743002 image #6MLS #MRD12743002 image #7MLS #MRD12743002 image #8MLS #MRD12743002 image #9MLS #MRD12743002 image #10MLS #MRD12743002 image #11MLS #MRD12743002 image #12
Value Add Opportunity! A legal 4-unit, mixed-use investment opportunity situated in the Belmont Cragin neighborhood. Featuring solid masonry construction and strong bones, this property presents a clear value-add opportunity in a stable northwest side neighborhood. The asset has two commercial store fronts, two legal apartments, and one non-conforming unit. The commercial space includes one fully updated, move-in ready vanilla box space that is ready for immediate lease-up or owner-user occupancy, as well as an established retail tenant. The property has ample surface parking space that is accessible from the alley. The parking is currently rented to a neighbor for car storage.

Property Details

Price:
$595,000
MLS #:
MRD12743002
Status:
Active
Beds:
6
Baths:
5
Type:
Multi Family
Neighborhood:
chibelmontcragin
Listed Date:
Aug 26, 2026
Year Built:
1930
Chi – Belmont CraginChibelmontcragin

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Off Alley, Alley Access, Secured, Storage, Yes
Parking Spots
10
Parking Total
10
Roof
Rubber

Financial

Maintenance Fee
$2,100
Net Operating Income
$21,189
Tax Year
2023
Taxes
$9,443
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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 Multi Family in Chicago as of Aug 28, 2026
1,438
Multi Family Listed
82
Avg DOM
$531,895
Avg List Price

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Property Summary

    5817 W Diversey Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60639. It is listed for $595,000 To schedule a showing of MLS#mrd12743002 at 5817 W Diversey Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5817 W Diversey Avenue
Chicago, IL