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$549,000

  • For Sale
  • Active
  • Commercial
  • 6,200 Sq. Ft.
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Presenting a unique opportunity to invest in a versatile industrial/flex space in the heart of Chicago. This 6,250 SF building, built in 1955, offers the flexibility of divisibility, making it adaptable to a variety of business needs. The property boasts 16' bow truss ceilings in excellent condition, creating an expansive and open environment for operations. Notably, the space includes access to a fully equipped woodshop, with woodshop equipment, tools, and supplies available for purchase, providing added value for potential buyers. With its prime location and exceptional features, this property is positioned to meet the diverse needs of industrial and flex space investors.

Full Property Details for 5245 W Diversey Ave

General

  • Price: $549,000
  • Taxes: $11,427 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12445217
  • Updated: 11/22/2025
  • Added to Site: 156 day(s) ago

Location

  • Area: CHI - Belmont Cragin
  • County: Cook
  • Driving Directions: West on Diversey from Cicero Ave to property

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Office Only
  • Heating Type: Ceiling Units

Utilities

  • Onsite: Electricity to Site, Natural Gas Available

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Roof: Membrane
  • Ceiling Height: 16
  • Drive-In Doors: 1
  • Stories/Levels: 1
  • Square Feet: 6,200
  • Current Bldg. Use: Commercial
  • Year Built: 1955

Lot Features

  • Lot Size (Sq. Ft.): 6,250
  • Lot Dimensions: 46 x 125
  • Frontage: City Street
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Assessment Year: 1955
  • Tax Amount: $11,427
  • Tax Year: 2023
  • Pays Electric: 2100

Disclosures and Reports

  • Property ID: 13283030050000

Listed by Jameson Sotheby's Intl Realty

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Listing agent

— 5245 W Diversey Ave —

  • Jameson Sotheby's Intl Realty

(773) 412-3899

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5245 W Diversey Ave

School District:Chicago Public School District 299
NameGradesDistance
Schubert Elementary School
2727 North Long Avenue, Chicago, IL 60639
PK-50.1 mi
Northwest Middle School
5252 West Palmer Street, Chicago, IL 60639
6-80.7 mi
Foreman High School
3235 North Leclaire Avenue, Chicago, IL 60641
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5245 W Diversey Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/10/2025
Price Reduced
$549,000
-7.73%
MLS
8/14/2025
Listed
$595,000
88.89%
MLS
11/11/2016
Sold
$315,000
—
Public Record
Get Price Alerts and Save Property
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 for 5245 W Diversey Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,427
3%
$54,161
—
2022
$11,140
2%
$54,161
—
2021
$10,891
-8%
$54,161
2%
2020
$11,807
9%
$53,000
-2%
2019
$10,882
38%
$54,161
36%
2018
$7,878
-24%
$39,881
-17%
2017
$10,327
7%
$47,974
—
2016
$9,609
9%
$47,974
—
2015
$8,791
-12%
$47,974
-11%
2014
$9,994
2%
$53,863
—
2013
$9,796
1%
$53,863
—
2012
$9,666
—
$53,863
—
View All
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 for 5245 W Diversey Ave

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NMLS#: 1598647

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Listed by Jameson Sotheby's Intl Realty

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5245 W Diversey Avenue, Chicago, IL 60639 (MLS# 12445217) is a Commercial property. 5245 W Diversey Avenue is currently listed for $549,000 and was received on August 14, 2025. Want to learn more about 5245 W Diversey Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

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