SQUARE FEET2,860
MLS#12713175
STATUSNew
PROPERTY TYPECommercial - Office
Property Description
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.
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 0.08 Acres
Roof Type: Rubber
Stories: 1.0
Taxes: $12,058
Year Built: 1965
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: None
HVAC: Central Bldg Heat
Lot Dimensions: 120 X 26
Number of Tenant(s): 4
Parcel#: 13292290370000
Parking: 1-5 Spaces
Units: 7
Listed By / Shown By
Listed By
Agency Name: Century 21 Circle
Agency Phone: 773-465-4200
Shown By
Agent Name: Alex Ortiz
Agent Phone: Cell: (815) 713-5660
Agency Title: Gambino Realtors
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5724 W Diversey Avenue | MLS# 12713175
This commercial property located at 5724 W Diversey Avenue , Chicago, IL 60639 is currently listed for sale with an asking price of $274,900. Search Chicago real estate on aortiz.gogambino.com today.