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$295,000 -$25,000 (-7.81%) Price Reduced
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Property Description
Owner-User or Investor Opportunity! This property is located in a prime, high-visibility location on Diversey Avenue. The building is currently divided into seven tenant spaces with existing tenants operating on a flexible month-to-month leases. The property is being sold as-is and offers excellent potential for renovation or redevelopment to suit your needs.
Full Property Details
Full Property Details for 5724 W Diversey Ave
General
- Price: $295,000
- Taxes: $12,058 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12591343
- Updated: 4/3/2026
- Added to Site: 22 day(s) ago
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Township: Jefferson
- Driving Directions: North East Corner of Diversey Ave. and Mango Avenue
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Rubber
- Drive-In Doors: 7
- # Loading Docks: 7
- Stories/Levels: 1
- Square Feet: 2,860
- Year Built: 1939
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 3,401
- Lot Dimensions: 120 x 26
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $14,000
- Assessment Year: 1939
- Tax Amount: $12,058
- Tax Year: 2024
Disclosures and Reports
- Property ID: 13922903700000
Listed by HomeSmart Connect LLC
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Schools
Schools serving 5724 W Diversey Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Schubert Elementary School 2727 North Long Avenue, Chicago, IL 60639 | PK-5 | 0.5 mi |
Northwest Middle School 5252 West Palmer Street, Chicago, IL 60639 | 6-8 | 0.9 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 0.8 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 5724 W Diversey Ave
Date
Details
Price
Change
Source
4/03/2026
Price Reduced
$295,000
-7.81%
MLS
3/13/2026
Listed
$320,000
—
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 5724 W Diversey Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,058
3%
$57,148
—
2022
$11,754
2%
$57,148
—
2021
$11,492
-27%
$57,148
-20%
2020
$15,816
-11%
$70,999
-20%
2019
$17,820
2%
$88,693
—
2018
$17,520
1319%
$88,693
188%
2017
$1,235
-92%
$30,824
-59%
2016
$15,153
220%
$75,655
193%
2015
$4,736
-66%
$25,843
-66%
2014
$14,037
2%
$75,655
—
2013
$13,760
177%
$75,655
173%
2012
$4,973
—
$27,711
—
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 5724 W Diversey Ave
5724 W Diversey Avenue, Chicago, IL 60639 (MLS# 12591343) is a Office property. 5724 W Diversey Avenue is currently listed for $295,000 and was received on March 13, 2026. Want to learn more about 5724 W Diversey Avenue? Do you have questions about finding other Office 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.

