5236-38 W Diversey Ave - Apartments FOR SALE


Chicago, IL 60639- Cragin
$1,100,000 USD
847-778-8746
5236-38 W Diversey Ave, Chicago, IL for Sale
$1,100,000 USD
Apartments - FOR SALE
1/12
null | 6.68% Cap Rate

5236-38 W Diversey Ave
Chicago, IL 60639
Cragin


HIGHLIGHTS

  • 6 Surface Parking Spots in Rear

OVERVIEW

5236 W. Diversey is a 9-unit multifamily asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago’s Belmont Cragin neighborhood. The building features nine residential units, consisting of eight 2-bedroom apartments and one 1-bedroom unit, providing an attractive and functional mix for renters in this high-demand submarket. Built in 1967 and offering 6,400 rentable square feet, the property includes rear surface parking and a straightforward, efficient layout typical of mid-century Chicago multifamily stock. Positioned along the Diversey corridor near extensive retail, dining, and transit options, the asset offers reliable income with additional potential through modernization.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

9

PRICE/UNIT

$122,222

CAP RATE

6.68%

% LEASED

78%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,229 SF

ZONING

B3-2

APN/PARCEL ID

13-28-131-043-0000

ASK ABOUT THIS PROPERTY

Matthew FritzshallTriton Realty Group, LLCMore Info
847-778-8746

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Matthew FritzshallTriton Realty Group, LLCMore Info
847-778-8746

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.