This is a 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 nonconforming unit (1R). 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. With reliable in-place revenue, an easily rentable retail space, and substantial room to capture market rents through targeted residential updates, 5817 W. Diversey Ave. offers a value-add opportunity in a desirable Chicago neighborhood.

Listing Courtesy of MRED as distributed by MLS Grid of Triton Realty Group LLC



Based on information submitted to the MLS GRID as of 2026-11-12 05:48 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: 2026-11-12 05:48 AM UTC
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