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$524,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 1 day ago
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Don't Miss This Opportunity To Own This Well-Maintained 2-Unit Building in Move-In Condition With Excellent Income Potential. Each Unit Offers 3 Bedrooms / 1 Bath, and The Full Finished Basement Provides Additional Flexibility For Extended Living Or Storage. Property Has Been Cared For and Is Ready For Occupancy, With Opportunity For Updates To Maximize Rental Income and Long-Term Value. Conveniently Located Near Transportation, Shopping and Schools. Property Is Being Sold in As-Is Condition.

Full Property Details for 5507 W Diversey Ave

General

  • Price: $524,900
  • Taxes: $8,181 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12593043
  • Updated: 3/30/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Ceiling Fan(s)

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Detached, Garage

Location

  • Area: CHI - Belmont Cragin
  • County: Cook
  • Township: Jefferson
  • Driving Directions: TAKE DIVERSEY AVE (2800N) WEST TO PROPERTY @ 5507 W.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Steam, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: Asphalt
  • Year Built: 1960
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Oversized Chicago Lot
  • Lot Dimensions: 37.5 x 125

Financial Considerations

  • Assessment Year: 1960
  • Tax Amount: $8,181.17
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 13283000570000

Listed by Realty of America, LLC

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— 5507 W Diversey Ave —

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NMLS#: 1598647

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

Schools serving 5507 W Diversey Ave

School District:Chicago Public School District 299
NameGradesDistance
Schubert Elementary School
2727 North Long Avenue, Chicago, IL 60639
PK-50.2 mi
Northwest Middle School
5252 West Palmer Street, Chicago, IL 60639
6-80.8 mi
Foreman High School
3235 North Leclaire Avenue, Chicago, IL 60641
9-120.8 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 5507 W Diversey Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Listed
$524,900
156.05%
MLS
11/19/1997
Sold
$205,000
—
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 5507 W Diversey Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,112
3%
$37,004
—
2022
$6,912
2%
$37,004
—
2021
$6,776
24%
$37,004
34%
2020
$5,458
-5%
$27,591
-14%
2019
$5,760
2%
$32,083
—
2018
$5,662
-6%
$32,083
2%
2017
$6,047
4%
$31,452
—
2016
$5,803
10%
$31,452
—
2015
$5,286
-7%
$31,452
-5%
2014
$5,659
2%
$33,045
—
2013
$5,536
1%
$33,045
—
2012
$5,486
—
$33,045
—
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.

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5507 W Diversey Avenue, Chicago, IL 60639 (MLS# 12593043) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 5507 W Diversey Avenue is currently listed for $524,900 and was received on March 30, 2026. Want to learn more about 5507 W Diversey Avenue? Do you have questions about finding other Multi-Family 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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