5037 W Diversey AVE, Chicago, IL 60639
5037 W Diversey AVE, Chicago, IL 60639
5037 W Diversey AVE, Chicago, IL 60639
5037 W Diversey AVE, Chicago, IL 60639
5037 W Diversey AVE, Chicago, IL 60639
5037 W Diversey AVE, Chicago, IL 60639
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Brad Myers

Brad Myers

+1(847) 361-3728
$ 529,900
Est. payment | /mo

4,000 SqFt

Save
$ 529,900
Est. payment | /mo
Save

4,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $132

MLS Listing ID 12585356

Year Built 1962

Annual Tax Amount $8,839

Tax Year 2023

Lot Dimensions 25 x 124

Property Sub-Type Mixed Use

Property Description

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 and residential space, the property combines established income, flexible commercial use, and residential potential. This 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. 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.

Location

State IL

County Cook

Area Chi - Belmont Cragin

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

Roof Type Rubber

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Edgardo Guerrero of  REMAX Legends 
Brad Myers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(847) 361-3728

bradmyers@beyondhorizonsteam.com

3826 Trillium Trail, Elgin, Illinois 60124, Elgin, Illinois, 60124, USA

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5037 W Diversey AVE