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5724 W Diversey Avenue

$274,900

5724 W Diversey Avenue, Chicago, IL 60639

Active
Last Updated: 07/31/2026

3,401 sqft

Lot Area

1965

Year Built

Details:
Lot Area:    3,401 sqft
Year Built:    1965
MlsNumber:    12713175
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.


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Listing ID: 88577f75-b9b7-4159-8ba3-133982231418
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