$234.82 Per Sq Foot $2,679 est/mo Sourced by Back At You

5948 W Diversey Avenue,Chicago, IL 60639

Chicago IL, 60639

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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.

Details

MLS#12019092
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1924
Days On Site55
Listing Provided ByArc Red Inc Arc Realty Group | Andrzej Olszowka

Features

SQ Feet2,125
Story(s)2
Units2

Market Activity 60639

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60639
AreaCHI Belmont Cragin
Listing VS Median (in 60639)
Price:
$499,000
low | high
Med:
$359,950
77.865731462926% of Average
SqFt:
2,125
low | high
Med:
1,668
71.529411764706% of Average
$ / SqFt:
$235
low | high
Med:
$217
57.489651307682% of Average
On Site:
55
low | high
Med:
41.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 9:39:26 PM PDT