5724 W Diversey Avenue
$274,900
5724 W Diversey Avenue, Chicago, IL 60639
3,401 sqft
Lot Area
1965
Year Built
Details:
Highlights:
- Annual Tax: $ 12058.0
Description:
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.
Listing ID: d6148ae6-4da1-4f89-b94a-3f8ad5a47327
Location
Gallery