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    1 home
      1 result available
      5007 W Diversey Avenue, Chicago, IL 60639
      Price Reduced $30,000
      5007 W Diversey Avenue, Chicago, IL 60639
      $959,000
      5,456building sqft.
      acres
      Commercial Multi-housing for Sale

      5007 W Diversey Avenue, Chicago, IL 60639

      Listing by: Coldwell Banker Real Estate Group
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      © 2026 Mainstreet REALTORS® All Rights Reserved.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      Chicagoland Homes
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      5007 W Diversey Avenue, Chicago, IL 60639
      Price Reduced $30,000
      $959,000 $30,000 
      5,456building sqft.
      acres

      5007 W Diversey Avenue, Chicago, IL 60639

      Commercial Multi-housing for Sale by Randy GhanayemColdwell Banker Real Estate Group.

      Data checked -. Listing last updated 16 days ago.
      1. Overview
      2. Details
      3. More 

      Price Reduced - Turnkey 6-Unit Investment Opportunity Turnkey 6-unit investment opportunity in the highly desirable Belmont Cragin neighborhood. This well-maintained 1970s yellow brick building features a strong unit mix of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all above grade with spacious layouts and eat-in kitchens. Many units have been updated over time, reflecting consistent ownership and pride of maintenance, with no deferred maintenance. The property offers operational efficiency with separate furnaces for first-floor units and a shared system for upper units, helping manage heating costs effectively. Additionally, a leased coin-operated washer and dryer provides supplemental income. Interior features include hardwood floors on upper levels, updated bathrooms in most units, and strong long-term tenancy, supporting stable in-place cash flow. Major improvements include a water heater (~3 years old) and a roof estimated at 10-12 years old. The property sits on a generously sized lot with 5 off-alley parking spaces, enhancing tenant appeal and occupancy stability. Ideally located near Diversey, Cicero, and Fullerton, with easy access to CTA bus routes, Metra, and I-90/94. Minutes from Brickyard Mall, grocery stores, dining, and retail, with Riis Park nearby offering extensive recreational amenities. Strong Walk Score of 83 with solid transit and bike accessibility. Investment Highlights Price Reduced - Attractive entry point for investors Strong in-place income with clear upside potential Opportunity to increase rents to market levels and enhance NOI Efficient heating setup (separate + shared systems) Additional income from on-site laundry Ideal for investors seeking immediate cash flow + long-term appreciation Financials, rent roll, and pro forma projections available upon request.

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      1970
        Heating
      -
        Cooling
      Wall Sleeve
        Garage
      No
        Parking spots
      -
      MRD12640176
      MLS ID
      Active
      Status
      05-12-2026
      On market date
        Pets allowed
      Lot features
      Monthly taxes
      $1,306
      Yearly taxes
      $15,676.71
      Schools
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
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      No upcoming virtual open houses
      Contact Agent
      Listing By:
      Randy Ghanayem
      Randy Ghanayem
      Rania Ghanayem
      Rania Ghanayem
      Randy Ghanayem
      Randy Ghanayem
      Direct 
       
      Rania Ghanayem
      Rania Ghanayem
      REALTOR Broker Associate, Coldwell Banker Real Estate Group
      Direct 
       
      Location
      Between Central and Cicero on Diversey
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      5007 W Diversey Avenue, Chicago, IL 60639, is a 5,456 building sqft. Multi Family built in 1970. This property is currently available for sale and was listed on Mainstreet REALTORS® on 5-12-2026. The MLS# for this Multi Family is MLS# MRD12640176.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2026 Mainstreet REALTORS®