5940 W Diversey Avenue, Chicago, IL 60639 - Photo 1

1/1

$170,000

Sold
Closed
Commercial
500 Sq. Ft.

1/1

Property Description

Excellent location. This property offers numerous development opportunities. Whether to start your own business, rent it out, or build a new mixed use building. The neighborhood is ideal for commercial & residential development. This is a great opportunity for investors with a broad vision. The property is being sold in its current condition (AS IS), including the restaurant equipment (heating & air conditioning are not working). Due to building condition seller prefers a cash sale. Seller will not make any repairs. He is very motivated & ready to negotiate. Make your showing appointment today.

Full Property Details

Full Property Details for 5940 W Diversey Ave

General

Sold For: $170,000
Taxes: $7,621 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12389547
Added to Site: 220 day(s) ago

Additional Information

Security/Safety: Fire Extinguisher(s)

Location

Area: CHI - Belmont Cragin
County: Cook
Driving Directions: on Austin Ave to Diversey (N 2800) turn east to address
Location Details: Mixed-Use Area

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Gas

Structural Information

Construction: Wood, Vinyl Siding
Exterior Const.: Wood, Vinyl Siding
Stories/Levels: 1
Square Feet: 500

Lot Features

Lot Size (Sq. Ft.): 3,125
Lot Dimensions: 25 x 125
Frontage: City Street
Zoning: COMMR

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Security Deposit: Fire Extinguisher/s
Tax Amount: $7,621.4
Tax Year: 2023

Disclosures and Reports

Property ID: 13292240370000

Listed by Vision Realty Group, Inc.
Sold by Century 21 Universal

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Listing agent

— 5940 W Diversey Ave —

Vision Realty Group, Inc.

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Schools

Schools serving 5940 W Diversey Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Lyon Elementary School, Chicago, IL 2941 North McVicker Avenue, Chicago, IL 60634	K-8	0.2 mi
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634	9-12	0.5 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 5940 W Diversey Ave

Date

Details

Price

Change

Source

12/08/2025

Sold

$170,000

-10.53%

MLS

7/31/2025

Price Reduced

$190,000

-9.52%

MLS

7/01/2025

Price Reduced

$210,000

-8.7%

MLS

6/11/2025

Listed

$230,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5940 W Diversey Avenue, Chicago, IL 60639 (MLS# 12389547) is a Commercial property that was sold at $170,000 on December 08, 2025. Want to learn more about 5940 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.

5940 W Diversey Ave Chicago, IL 60639