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5817 W Diversey Avenue Chicago, IL 60639

$425,000
Active / MLS# 12790127 / Commercial - Business / Chicago
0 Beds
3600 SqFt

This is a mixed-use investment opportunity situated in the Belmont Cragin neighborhood. Featuring solid masonry construction and strong bones, this property presents a clear value-add opportunity in a stable northwest side neighborhood. The asset has two commercial store fronts, two legal apartments, and one nonconforming unit (1R). The commercial space includes one fully updated, move-in ready vanilla box space that is ready for immediate lease-up or owner-user occupancy, as well as an established retail tenant. The property has ample surface parking space that is accessible from the alley. The parking is currently rented to a neighbor for car storage. With reliable in-place revenue, an easily rentable retail space, and substantial room to capture market rents through targeted residential updates, 5817 W. Diversey Ave. offers a value-add opportunity in a desirable Chicago neighborhood.

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Property Details

Property Type: Commercial - Business
Cooling: Window Unit(s)
Lot Size: 0.09 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $9,442
Year Built: 1930

Feature Descriptions

Electric: Separate Meters
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
Flooring: Tile, Wood
Foundation: Brick/Mortar
Frontage Type: City Street, Public Road
HVAC: Steam
Lot Dimensions: 4125
Miscellaneous Indoor: Basement
Number of Tenant(s): 3
Parcel#: 13294030030000
Parking: 6-12 Spaces
Units: 4

Location

See details and scored characteristics about this location.

Listing Office: Triton Realty Group LLC

Listing Office Phone: 312-788-9379



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