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Listing provided courtesy of Jameson Sotheby's Intl RealtyMREDas Distributed by MLSGrid- MLS# 12445217MLS Provider

5245 W Diversey AvenueChicago, IL 60639

Commercial · 6,200 Sq. ft.
$490,000 Active

5245 W Diversey Avenue Overview

Time on Site:
319 days
Visits:
7

Presenting a unique opportunity to invest in a versatile industrial/flex space in the heart of Chicago. This 6,250 SF building, built in 1955, offers the flexibility of divisibility, making it adaptable to a variety of business needs. The property boasts 16' bow truss ceilings in excellent condition, creating an expansive and open environment for operations. Notably, the space includes access to a fully equipped woodshop, with woodshop equipment, tools, and supplies available for purchase, providing added value for potential buyers. With its prime location and exceptional features, this property is positioned to meet the diverse needs of industrial and flex space investors.

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5245 W Diversey Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 6,200
  • Price/Sq.ft. $79

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Electric Expense: 2100
  • Existing Lease Type: Modified Gross
  • Fuel Expense: 3500
  • Gross Income: 40680
  • Net Operating Income: 20865
  • Water Sewer Expense: 288

Building Information

  • Year Built: 1955

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Belmont Cragin

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $11,427.00
  • Tax Year: 2023

General Information

  • Parcel Number: 13283030050000
  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 6200

General Information

  • Cooling: Central Air, Office Only
  • Electric: Power - 480V, Three Phase
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 6250

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 46x125
  • Lot Size Square Feet: 6250

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Membrane

General Information

  • Utilities: Electric to Site,Natural Gas Available

5245 W Diversey Avenue Neighborhood

Community

60651 (CHICAGO) Demographics

34
Median Age
18,218
Population Density (per sq. mile)
22%
College Educated
$41,107
Estimated Median Income
8,812
Estimated Total Home Owners
11,120
Estimated Total Renters
44% / 56%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5245 W Diversey Avenue Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5245 W Diversey Avenue Market Data

Based on the last 30 days in this zip code

$380,393
Average List Price
$220
Average Price per Square Foot
12
Properties Sold
72
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

5245 W Diversey Avenue History

Date Event Value Agent
6/8/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Status Change
Active
6/3/2026Source: MRED Price Reduction
$490,000 -1.0%
6/3/2026Source: MRED Price Reduction
$490,000 -1.0%
6/3/2026Source: MRED Status Change
Price Change
6/3/2026Source: MRED Status Change
Price Change
3/29/2026Source: MRED Status Change
Active
3/29/2026Source: MRED Status Change
Active
3/24/2026Source: MRED Price Reduction
$495,000 -0.8%
3/24/2026Source: MRED Price Reduction
$495,000 -0.8%
3/24/2026Source: MRED Status Change
Price Change
3/24/2026Source: MRED Status Change
Price Change
1/31/2026Source: MRED Status Change
Active
1/28/2026Source: MRED Status Change
Active
1/26/2026Source: MRED Price Reduction
$499,000 -9.1%
1/26/2026Source: MRED Status Change
Price Change
1/23/2026Source: MRED Price Reduction
$499,000 -9.1%
1/23/2026Source: MRED Status Change
Price Change
9/15/2025Source: MRED Status Change
Active
9/15/2025Source: MRED Status Change
Active
9/15/2025Source: MRED Status Change
Active
9/10/2025Source: MRED Price Reduction
$12 -7.7%
9/10/2025Source: MRED Price Reduction
$549,000 -7.7%
9/10/2025Source: MRED Price Reduction
$549,000 -7.7%
9/10/2025Source: MRED Status Change
Price Change
9/10/2025Source: MRED Status Change
Price Change
9/10/2025Source: MRED Status Change
Price Change
8/19/2025Source: MRED Status Change
Active
8/19/2025Source: MRED Status Change
Active
8/14/2025Source: MRED Added to Database
August 14, 2025
8/14/2025Source: MRED Added to Database
August 14, 2025
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Added to Database
July 03, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022