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$425,000 Just Listed
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Property Description
This is a mixed-use investment opportunity situated in the Belmont Cragin neighborhood. Featuring solid masonry construction and strong bones, this property presents a clear value-add opportunity in a stable northwest side neighborhood. The asset has two commercial store fronts, two legal apartments, and one nonconforming unit (1R). The commercial space includes one fully updated, move-in ready vanilla box space that is ready for immediate lease-up or owner-user occupancy, as well as an established retail tenant. The property has ample surface parking space that is accessible from the alley. The parking is currently rented to a neighbor for car storage. With reliable in-place revenue, an easily rentable retail space, and substantial room to capture market rents through targeted residential updates, 5817 W. Diversey Ave. offers a value-add opportunity in a desirable Chicago neighborhood.
Full Property Details
Full Property Details for 5817 W Diversey Ave
General
- Price: $425,000
- Taxes: $9,442 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12790127
- Updated: 10/20/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Basement
- Flooring: Tile, Wood
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: The subject property is located in between Monitor Ave. and Menard Ave. on the south side of the street.
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Steam
Utilities
- Trash: 360
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Brick/Mortar
- Roof: Rubber
- Sub-Flooring: Tile, Wood
- Stories/Levels: 2
- Square Feet: 3,600
- # of Stores: 2
- Year Built: 1930
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Lot Features
- Lot Size (Sq. Ft.): 4,125
- Lot Dimensions: 4125
- Frontage: City Street, Public Road
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $3,321
- Operating Expenses: $27,179
- Other Fee: $7,060
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1930
- Tax Amount: $9,442.72
- Tax Year: 2024
- Pays Electric: 995
- Pays Trash: 360
Disclosures and Reports
- Property ID: 13294030030000
Listed by Triton Realty Group LLC
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Schools
Schools serving 5817 W Diversey Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Camras Elementary School 3000 North Mango Avenue, Chicago, IL 60634 | K-8 | 0.3 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 0.7 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 5817 W Diversey Ave
Date
Details
Price
Change
Source
10/20/2026
Listed
$425,000
-54.79%
MLS
7/17/2026
Sold
$940,000
—
Public Record
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 5817 W Diversey Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,443
62%
$47,000
70%
2023
$5,842
3%
$27,687
—
2022
$5,695
-9%
$27,687
-11%
2021
$6,234
19%
$30,999
32%
2020
$5,217
-5%
$23,417
-14%
2019
$5,471
2%
$27,230
—
2018
$5,379
-18%
$27,230
-11%
2017
$6,585
7%
$30,589
—
2016
$6,127
9%
$30,589
—
2015
$5,605
5%
$30,589
7%
2014
$5,317
2%
$28,656
—
2013
$5,212
1%
$28,656
—
2012
$5,142
—
$28,656
—
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 5817 W Diversey Ave
5817 W Diversey Avenue, Chicago, IL 60639 (MLS# 12790127) is a Commercial property. 5817 W Diversey Avenue is currently listed for $425,000 and was received on October 20, 2026. Want to learn more about 5817 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.

