5037-39 W Diversey Avenue, Chicago, IL 60639
5037-39 W Diversey Avenue
$889,900
Listed by Edgardo Guerrero with REMAX Legends 312-465-9778
5,500 Sq.Ft.
1962 BUILT
6,250 Sq.Ft. LOT
Positioned on the highly visible location of Diversey Avenue and LeClaire Avenue, this two-story mixed-use property presents an outstanding opportunity for investors and owner-users seeking a strong presence in Chicago's vibrant Belmont Cragin community. Offering approximately 4,200 square feet of rentable commercial space across two buildings, the property combines established income, flexible commercial use, and residential potential. The first 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. The second building includes a large main-level commercial space adaptable for a wide variety of businesses or investment opportunities. The second floor features two fully rented 2-bedroom, 1-bath apartments, providing steady rental income. Residents also enjoy access to a rear rooftop deck, along with parking for two vehicles on the rear parking pad. 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

Area & Lot

Status
For Sale
Living Space
5,500 Sq.Ft.
Total Area
5,500 Sq.Ft.
Lot Size
6,250 Sq.Ft.
MLS® ID
12582578
Type
Other
Year Built
1962

Exterior

Stories
2
Utilities
Electric to Site,Natural Gas Available,Sewer Connected
Roof
Rubber
Air Conditioning
Central Air
Substructure
Block, Concrete Perimeter

Financial

Sales Price
$889,900
Real Estate Tax
$16,000/yr
Zoning
COMMR

Property Images

""
WATCH VIDEO

Work With Us

Whether you are looking to buy, sell, or invest, our agents have the knowledge and experience to assist with all your real estate needs and get the deal done!