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Investment Highlights

  • With easy access to major transit routes, it sits within a thriving community known for strong household incomes and steady commercial activity.
  • Residents also enjoy access to a rear rooftop deck, along with parking for two vehicles on the rear parking pad
  • Offers the rare chance to acquire a well-positioned mixed-use investment that blends income potential, prime location, and long-term growth opportunit
  • Located in a high-traffic corridor surrounded by established retail, popular eateries, and neighborhood businesses

Executive Summary

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 in

Property Facts

Price $1,212,880 CAD
Price / SF $161.72 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 7,500 SF
Total Land Area 0.49 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5037 W Diversey Ave, Chicago, IL 60639 Retail 4,000 SF 1962 $720,995 CAD
5039 W Diversey Ave, Chicago, IL 60639 Retail 3,500 SF 1962 $585,928 CAD
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  • Listing ID: 39724819

  • Date on Market: 2026-03-10

  • Last Updated:

  • Address: 5037-5039 W Diversey Ave, Chicago, IL

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