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5039 W Diversey Avenue Chicago, IL 60639

$429,900
New / MLS# 12585377 / Commercial - Retail / Chicago
0 Beds
3500 SqFt

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.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.07 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $7,194
Year Built: 1962

Feature Descriptions

Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Ansul System
Foundation: Block, Concrete Perimeter
Frontage Type: City Street
HVAC: Gas
Location: Central Business District
Lot Dimensions: 25 x 124
Number of Tenant(s): 3
Parcel#: 13284010090000
Parking: 1-5 Spaces
Potential Use: Commercial, Conditional Use, Office, Multi-Family, Retail
Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
Units: 3
Utilities: Electric to Site, Natural Gas Available, Sewer Connected

Location

See details and scored characteristics about this location.

Listing Office: REMAX Legends

Listing Office Phone: 630-216-8000



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