5817 W Diversey Avenue, Chicago IL 60639
Property Description
Value Add Opportunity! A legal 4-unit, 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 non-conforming unit. 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.
Features & Information
Key Details
- List Price $595,000
- Property Taxes $9,443
- Year Built 1930
- Status Active
- List Market Time 9
Units
-
Unit 1
- Floor 1
- Rooms 1
- Beds 0
- Baths 0.1
- Appliances None
- Rent $700/mo
- Tenant Pays Electric,Gas,Parking
- Lease Expires MTM
-
Unit 2
- Floor 1
- Rooms 1
- Beds 0
- Baths 0.1
- Appliances None
- Rent $0/mo
- Tenant Pays Electric,Gas,Parking
- Lease Expires MTM
-
Unit 3
- Floor 2
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator, Microwave
- Rent $1,000/mo
- Tenant Pays Electric,Gas,Parking
- Lease Expires MTM
-
Unit 4
- Floor 2
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Microwave
- Rent $1,100/mo
- Tenant Pays Electric,Gas,Parking
- Lease Expires MTM
Exterior Features
-
Parking
- # of Cars: 10
Building Information
- Number of Units 4
- Age of Building 91-100 Years
Location
- County Cook
- Township North Chicago
- Corporate Limits Chicago
- Directions to Property Located In The Middle Of The Block On The South Side Of Diversey Ave.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 9443
- Tax Year 2023
- Parcel Identification Number 13294030030000
Listed by James Thompson for Triton Realty Group LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/9/2026 3:02 PM. 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.
Explore Belmont Central
The ethnically diverse and well-kept Belmont Central is a sizeable yet understated neighborhood, speckled with affordable housing and an international array of restaurants to suit every taste and craving. With a passionate Chamber of Commerce always on the job to enhance Belmont Central homes and businesses, this northwest Chicago neighborhood is making a name for itself. Historic houses have been passed down from generation to generation while new model condos are emerging along the residential blocks in recent years. Convenient corner stores and groceries stock the daily essentials, but Belmont Central's shopping district is the place to go for fashion, furniture, footwear and giftables. The mix of family-run establishments and national chains is right on par with the strong community values that have shaped Belmont Central into a close-knit Chicago neighborhood.
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