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$498,900 Just Listed
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Property Description
Great opportunity to own two story brick building in the area of heavy traffic. Excellent spot for a business on the main floor with an apartment for rent on the second floor that consists of 2 bedrooms, 2 bathrooms, living room, office, kitchen with the table space and family room. Beautiful very well kept building . Updated basement offers additional storage space, newer boiler, newer water heater. Flat rubber roof. Nice spacious backyard. Detached 2 car garage. Property is being sold AS - IS condition.
Full Property Details
Full Property Details for 5948 W Diversey Ave
General
- Price: $498,900
- Taxes: $2,403 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12547648
- Updated: 1/14/2026
- Added to Site: 3 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Township: Jefferson
- Driving Directions: Austin Ave South of Belmont Ave To Diversey Ave East to the address (close to the intersection of Austin Ave and Diversey Ave)
- Location Details: Chicago Northwest, Corner, Mixed-Use Area, High Traffic Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Hot Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 2,125
- # of Stores: 2
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $1,882
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1924
- Tax Amount: $2,403
- Tax Year: 2024
- Pays Electric: 1500
Disclosures and Reports
- Property ID: 13292240330000
Listed by Century 21 Circle
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Schools
Schools serving 5948 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 5948 W Diversey Ave
Date
Details
Price
Change
Source
1/14/2026
Listed
$498,900
13.39%
MLS
5/30/2006
Sold
$440,000
—
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 5948 W Diversey Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,400
5%
$18,005
—
2022
$2,296
1%
$18,005
—
2021
$2,281
-31%
$18,005
-14%
2020
$3,300
-5%
$21,020
-13%
2019
$3,476
2%
$24,162
—
2018
$3,416
-8%
$24,162
-7%
2017
$3,726
-14%
$26,012
—
2016
$4,353
11%
$26,012
—
2015
$3,933
-19%
$26,012
—
2014
$4,828
23%
$26,024
—
2013
$3,913
9%
$26,024
—
2012
$3,583
—
$26,024
—
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 5948 W Diversey Ave
5948 W Diversey Avenue, Chicago, IL 60639 (MLS# 12547648) is a Commercial property. 5948 W Diversey Avenue is currently listed for $498,900 and was received on January 14, 2026. Want to learn more about 5948 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.

