5037-39 W Diversey Avenue — Chicago, IL 60639
Active
▼ $20,000
Chicago, IL 60639

5037-39 W Diversey Avenue

$869,900
0 beds · 0 baths
$20,000 below original 69 days on market $16,000/yr taxes
01About this home

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

02Inside the home
03By the numbers
$869,900
List price
Square feet
Bedrooms
Bathrooms
1962
Year built
Lot size
Garage spaces
$16,000
Annual taxes
Mixed Use
Style
69
Days on market
04Features
Cooling
Central Air
Construction
Brick
05Neighborhood
  • Pozoleria El Mexicano 150 ft
  • Little Caesars 0.2 mi
  • Sol de Mexico 0.4 mi
  • Subway 0.5 mi
  • Hangry's 0.5 mi
  • Papa John's 0.5 mi
  • Morelia Supermarket 0.2 mi
  • Centro Fresh Market 0.3 mi
  • Shell 0.3 mi
  • Citgo 0.4 mi
  • Clark's Pump-N-Shop 0.5 mi
  • Aldi 0.5 mi
  • Cragin Park 0.4 mi
  • Park No. 552 0.5 mi
  • Blackhawk Park 0.6 mi
  • Lucy Parsons Park 0.7 mi
  • Kelvyn Park 0.8 mi
  • Hermosa Park 0.9 mi
  • Señor Pan Café 350 ft
  • Starbucks 0.3 mi
  • Dunkin' 0.5 mi
  • Somethin’ Sweet Donuts 0.5 mi
  • Dunkin' 0.5 mi
  • Dunkin' 0.6 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 8, 2026
Price reducedThis listing
REMAX Legends
$869,900
−$20,000
Mar 26, 2026
Listed for sale
REMAX Legends · 52 days on market
$529,900
Mar 6, 2026
Listed for sale
REMAX Legends
$529,900
Mar 6, 2026
Listed for saleThis listing
REMAX Legends
$889,900
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by REMAX Legends · Edgardo Guerrero · 312-465-9778
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12582578
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