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5159 W Diversey Ave
Chicago, IL 60639
Retail Center · Retail Property For Sale

Executive Summary

• Major intersection of Diversey Ave. at Larmie Ave., traffic light intersection.
• Strong street presence and visibility 5-leased retail stores.
• Heavily traffic and pedestrian count at strong business/commercial corridor.
• Corner site across from the Walgreens and Currency exchange store.
• Approximately, 7,500 Sq. ft. building.
• 4-Tandem parking spaces in the rear of the building.
• Well populated business corridor and dens populated residential district.
• Current real estate taxes are approximately $28,858.
• Pin Number: 3-pin numbers.
• Year Built 1943.
• Leases with rent escalation.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,600 SF
Building Class
C
Year Built
1943
Price
$1,628,242 CAD
Price Per SF
$214.24 CAD
Cap Rate
8.13%
NOI
$132,319 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.17 AC
Zoning
B1-1 - Neighborhood Shopping district
Frontage
67’ on West Diversey Avenue

Amenities

  • Bus Line
  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
13-28-400-001-0000
Land Assessment
$27,823 CAD
Improvements Assessment
$64,170 CAD
Total Assessment
$91,992 CAD
  • Listing ID: 32709942

  • Date on Market: 2024-08-06

  • Last Updated:

  • Address: 5159 W Diversey Ave, Chicago, IL 60639

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