5159 W Diversey Avenue, Chicago, IL 60639

Units: 5
Price / Unit: $247,800
Est. Cap Rate: 7.86%
Est. GRM: 8.70

Property Overview

Major intersection at the corner of Diversey Ave./Laramie Ave., commercial corridor with dense pedestrian traffic count, strong street presence and visibility. 5-Leased retail stores in the middle of heavily business/commercial district. Across the street from Walgreens and Currency exchange stores. Approximately, 7,500 Sq. ft. building. 4-Tandem parking spaces in the rear of the building. Well populated commercial and residential neighborhood. Multiple pins, Pin #: 13284000010000 $ 13,120. Pin # 2: 13284000020000, for $ 5,553 Pin # 3: 13284000030000 for $ 10,185.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income: $142,416
Reported Annual Expenses: $44,979
Estimated NOI: $97,437
Estimated Cap Rate: 7.86%
Estimated GRM: 8.70
Annual Taxes: $28,858 (2023)

Property Details

Units: 5
Building Size: 7,600 SF
Lot Size: 9,375 SF
Lot Dimensions: 75X125
Stories: 1
Year Built: 1943
Zoning: COMMR
Parcel Number: 13284000030000

Operations & Utilities

Heating: Other
Cooling: Central Air
Tenant Pays: Other
Electric: Circuit Breakers

Location & Use

County: Cook
Market Area: Chicago - Belmont Cragin
Present Use: Commercial
Location: Central Business District, Commercial Business Park, Mixed Use Area, Public Transport Avail, In City Limits
Frontage: City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.