5724 W Diversey Avenue Chicago, IL 60639
$274,900
Active / MLS# 12713175 / Commercial - Office / Chicago
0
Beds
2860
SqFt
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.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 0.08 Acres
Roof Type: Rubber
Stories: 1.0
Taxes: $12,058
Year Built: 1965
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: None
HVAC: Central Bldg Heat
Lot Dimensions: 120 X 26
Number of Tenant(s): 4
Parcel#: 13292290370000
Parking: 1-5 Spaces
Units: 7
Location
See details and scored characteristics about this location.
Listing Office: Century 21 Circle
Listing Office Phone: 773-465-4200
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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