This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/16
$34
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/16
Property Description
Exceptional opportunity to lease a former restaurant space along highly traveled Diversey Avenue in Chicago's Belmont Cragin neighborhood. This move-in-ready commercial space is ideally suited for restaurant operators, carry-out concepts, catering businesses, commissary kitchens, food-preparation operations, and other food-service users seeking to minimize startup costs and accelerate opening timelines. The premises feature existing restaurant infrastructure, including commercial kitchen improvements and essential food-service fixtures already in place. Select restaurant equipment, furnishings, and operational assets may be negotiated as part of the lease or purchased separately, providing added value and flexibility for incoming tenants. Lease includes real estate taxes and water. Tenant is responsible for utilities, insurance, and maintenance. The property is zoned B3-1 Community Shopping District, allowing for a broad range of commercial uses. Strategically positioned on a busy commercial corridor with excellent storefront visibility and exposure, the property benefits from strong neighborhood activity generated by surrounding retailers, service businesses, and densely populated residential communities. Convenient access to Cicero Avenue, Central Avenue, CTA bus routes, I-90/94 (Kennedy Expressway), and I-290 provides easy accessibility for customers, employees, and delivery services. Located in a well-established Northwest Side business district, this is a rare opportunity to secure a turn-key restaurant location with much of the essential infrastructure already in place.
Full Property Details
Full Property Details for 5959 W Diversey Ave
General
- Price: $34
- Taxes: $25,766 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12704173
- Updated: 7/20/2026
- Added to Site: 42 day(s) ago
Additional Information
- Security/Safety: Ansul System
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: Located on Diversey Ave just east of Central Ave and west of Cicero Ave.
- Location Details: Corner, Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 1
- Year Built: 1965
Lot Features
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- Lease Price: $33
- For Sale/Rent/Lease: For Rent Only
- Assoc Fee Freq.: Annually
- Security Deposit: Ansul System
- Assessment Year: 1965
- Tax Amount: $25,766.47
- Tax Year: 2024
- Tenant Pays: Insurance, Repairs, All Utilities
Disclosures and Reports
- Property ID: 13294000010000
Listed by Hometown Real Estate
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 5959 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5959 W Diversey Ave
Date
Details
Price
Change
Source
7/13/2026
Listed
$34
—
MLS
Disclaimer: Historical sales 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 5959 W Diversey Ave
5959 W Diversey Avenue, Chicago, IL 60639 (MLS# 12704173) is a Commercial Lease property. 5959 W Diversey Avenue is currently listed for $34 and was received on July 13, 2026. Want to learn more about 5959 W Diversey Avenue? Do you have questions about finding other Commercial Lease 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.

