Address
5948 W Diversey Avenue, Chicago, IL
Price
$ 499,000
Property Attributes
- MLS#12044333
- TypeBusiness Op
- CountyCOOK
- CityChicago
- AreaCHI - Belmont Cragin
- NeighborhoodBelmont Cragin
- Zip60639
- StyleBar/Tavern/Lounge
- Taxes$ 2500
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2125
- Lot Size0.07174 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
**Charming Commercial Opportunity in Prime Chicago Location - 5948 W Diversey Ave, Chicago, IL 60639** Nestled on the bustling corner of Diversey Avenue and Austin, this remarkable property presents an unmatched commercial opportunity. Built with enduring brick construction, this establishment is poised for success, whether continuing as a vibrant bar/lounge/night club or transforming into a new venture with potential for a liquor license, catering to a wide array of business aspirations. **Key Features:** - **Address:** 5948 W Diversey Ave, Chicago, IL 60639 - **Zoning:** Commercial (B), allowing for a variety of business uses. - **Building Size:** Generous square footage offers ample space for operation and customization. - **Lot Size:** Spacious lot dimensions provide a substantial footprint in a prime Chicago area. - **Parking:** Available parking spaces ensure convenience for customers and staff alike. - **Outdoor Seating:** An enclosed patio area offers an inviting space for outdoor dining or leisure. - **Utilities:** Separate meters for electricity and central heating, ensuring operational efficiency. - **Amenities:** Central heat throughout, ensuring comfort for all occupants. - **Condition:** Brick construction with shingle composition roofing, promising durability and lasting appeal. **Business Potential:** The property currently operates as a bar/lounge/night club but carries immense potential for a variety of commercial uses. Its prime corner location, coupled with the possibility of retaining a liquor license, opens the door for numerous business opportunities, including restaurants, cafes, specialty stores, or continued use as a nightlife establishment. **Additional Features:** - Enclosed outdoor seating area for enhanced customer experience. - Satellite dish installed, offering diverse entertainment options. - Spacious parking, accommodating both indoor and outdoor needs. **Financial Aspects:** This property represents not only a significant investment in real estate but also the opportunity to own and operate a business in one of Chicago's thriving neighborhoods. Specific financial details and projections are available upon request, ensuring transparency and confidence in your investment. For entrepreneurs and investors alike, 5948 W Diversey Ave offers a rare blend of location, versatility, and potential. Whether you're looking to continue a legacy or forge a new path, this property stands ready to serve as the foundation for your business vision. Contact Information: For more detailed information and to schedule a viewing, please contact Listing Broker. Explore the possibilities and embark on your next commercial venture with this premier Chicago property. All info/numbers subject to change without notice, buyer to perform own DD. Ask LB for additional information.
| Price History | |
|---|---|
| 5/1/2024 | Listed $499,000 |
General Features
| Cooling | Wall Sleeve |
|---|---|
| Possession | Closing |
| Tenant Pays | Varies by Tenant |
| Stories | 2 |
| Tax Year | 2022 |
| Business Type | Bar/Tavern/Lounge |
| County | Cook |
| Property Type | Business Opportunity |
| Status | Active |
| Directions | Austin to Diversey,East to Address. |
| City | Chicago |
| MLS Area | CHI - Belmont Cragin |
| Lot Size Square Feet | 3125 |
| Street Name | Diversey |
| Tax Annual Amount | 2500 |
| Additional Parcels Y/N | No |
| Days on Market | 21 |
| Lease Type | N/A |
| Standard Status | Active |
| Property Type | Bus / Bus w/Real Est |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Building Area Total | 2125 |
|---|---|
| Lot Dimensions | 25X125 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 60639
Price
Taxes
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 23, 2024 4:22 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 23, 2024 4:22 AM UTC
