O'Neil Property Group
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$499,900
33 Days On Site

5039 W Diversey Avenue
Chicago, IL 60639

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,500
SqFt
$143
/SqFt
1962
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of REMAX Legends
5039 W Diversey Avenue5039 W Diversey Avenue5039 W Diversey Avenue5039 W Diversey Avenue
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Monthly Payment (Est.)

$2,281
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This building includes a large main-level commercial space adaptable for a wide variety of businesses or investment opportunities. The second floor features two (2X) fully rented 2-bedroom, 1-bath apartment units, providing steady rental income. Residents also enjoy access to a rear rooftop deck, along with parking for two vehicles on the rear parking pad. 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.

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Listing Snapshot
Priceย 
$499,900
Days On Siteย 
33 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
3,500 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
1962
MLSยฎ Numberย 
12615722
Statusย 
Active
Property Taxย 
$7,194
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLSยฎ
4 weeks agoStatus changed to Active
a month agoListing first seen on site
General Features
Additional Property Useย 
CommercialOfficeMulti-FamilyRetail
Foundationย 
BlockConcrete Perimeter
Number Of Storiesย 
2
Property Sub Typeย 
Mixed Use
SqFt Totalย 
3500
Utilitiesย 
Natural Gas AvailableSewer Connected
Zoningย 
COMMR
Interior Features
Coolingย 
Central Air
Electricย 
Circuit Breakers
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Exterior Features
Construction Detailsย 
Brick
Roofย 
Rubber
Community Features
MLS Areaย 
CHI - Belmont Cragin
Townshipย 
Jefferson
Listing Courtesy of MRED as distributed by MLS Grid of REMAX Legends



Based on information submitted to the MLS GRID as of 2026-05-14 01:08 AM UTC. 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.
Last checked: 2026-05-14 01:08 AM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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