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$749,000
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Property Description
Excellent mixed-use investment property to add to your portfolio. Located in the heart of Chicago's vibrant Logan Square, this exceptional mixed-use property presents a prime opportunity for investors seeking strong potential and long-term value. The main level features an established restaurant currently operating on a lease that is ending August 2026, offering flexibility for future ownership or repositioning. The second floor offers a spacious and updated two-bedroom, one-bath apartment with generous bedroom sizes, a large walk-in closet, in-unit laundry, skylight, and a finished enclosed back porch-providing comfortable living space with added functionality. An oversized garage with an extra-tall door accommodates cargo vans and provides excellent workspace or storage options. The property has seen numerous recent improvements, including aluminum siding, updated plumbing, and a roof completed three years ago. Additional upgrades include new apartment appliances and central air installed four years ago, along with a hot water tank replaced five years ago. Situated in one of Chicago's most sought-after and bustling neighborhoods, this property offers convenient access to major expressways and downtown Chicago. A rare opportunity to secure a versatile mixed-use building in Logan Square-an excellent addition to any investment portfolio.
Full Property Details
Full Property Details for 2923 W Diversey Ave
General
- Price: $749,000
- Taxes: $12,916 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12590906
- Updated: 3/21/2026
- Added to Site: 20 day(s) ago
Interior
- Interior Features: Accessible Entrance, Skylight(s), Basement
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: CHI - Logan Square
- County: Cook
- Driving Directions: From the lake, take Diversey west to 2923
- Location Details: Chicago Northwest, Mixed-Use Area, Public Transport Avail, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 2,340
- # of Stores: 2
- Year Built: 1907
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 2,832
- Lot Dimensions: 24 x 118
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $3,000
- Operating Expenses: $25,761
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1907
- Tax Amount: $12,916
- Tax Year: 2024
- Pays Electric: 2707
Disclosures and Reports
- Property ID: 13253050320000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 2923 W Diversey Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Brentano Elementary Math & Science Academy 2723 North Fairfield Avenue, Chicago, IL 60647 | K-8 | 0.3 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2923 W Diversey Ave
Date
Details
Price
Change
Source
3/12/2026
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2923 W Diversey Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,477
3%
$46,000
—
2022
$8,223
548%
$46,000
—
2021
$1,269
-3%
$46,000
9%
2020
$1,310
—
$42,336
-11%
2019
$1,306
2%
$47,569
—
2018
$1,281
-7%
$47,569
-4%
2017
$1,372
-23%
$49,414
—
2016
$1,778
4%
$49,414
—
2015
$1,709
1%
$49,414
19%
2014
$1,694
-77%
$41,373
—
2013
$7,525
373%
$41,373
—
2012
$1,591
—
$41,373
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2923 W Diversey Ave
2923 W Diversey Avenue, Chicago, IL 60647 (MLS# 12590906) is a Commercial property. 2923 W Diversey Avenue is currently listed for $749,000 and was received on March 15, 2026. This property is listed by Laura Herlo from our McMullen/O'Hare Office.Want to learn more about 2923 W Diversey Avenue? Do you have questions about finding other Commercial real estate for sale in Logan Square? You can browse all Logan Square real estate or contact a Coldwell Banker agent to request more information.


