5724 W Diversey Avenue, Chicago, IL

$274,900

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About 5724 W Diversey Avenue

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.

Features of 5724 W Diversey Avenue

MLS® # 12713175
Price $274,900
Bathrooms 0.00
Year Built 1965
Type Commercial Sale
Sub-Type Office/Tech
Status Active

Community Information

Address 5724 W Diversey Avenue
Area CHI - Belmont Cragin
City Chicago
County Cook
State IL
Zip Code 60639

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Rubber

Additional Information

Days on Market 7
Zoning OFFIC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Circle

Listing Map

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