5724 W Diversey Avenue Chicago, IL 60639
Office Bldg
MLS #: 12713175
Listed By CENTURY 21 Circle
Property InformationDescription
Outstanding Owner-User or Investor Opportunity! Situated on highly desirable, high-traffic Diversey Avenue, this commercial property offers exceptional visibility and endless potential. The building is currently configured into seven separate commercial tenant spaces, with all tenants on flexible month-to-month leases, providing immediate flexibility for an owner-user, investor, or developer. The property does require renovations and is being sold as-is, making it an ideal opportunity for buyers looking to add value. Whether you choose to renovate the existing building and continue operating it as an income-producing investment, lease the spaces in their current configuration with improvements over time, or pursue a complete redevelopment, the possibilities are substantial. Zoned B3-1, the property offers excellent redevelopment potential in one of Chicago's established commercial corridors. This is a rare chance to acquire a property with current income, future upside, and the flexibility to execute your vision in a prime location.
Features
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 3401 Sq. Ft.
- MLSID: 12713175
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Tax Year: 2024
- Taxes: $12058.00
- Year Built: 1965
