Retail Space
5159 West Diversey Avenue Chicago, IL 60639
Details & Description
Price: $1,199,000
    HighlightsHard corner, stop light intersection of Diversey Ave and Laramie AveStrong cash flow with lots of room for upsideDiverse tenant mix including Metro PCS.New Roof in 2012 & some car parking for the tenants.Priced below market by any measure: cap rate, cash flow, price per sf, even land value for redevelopment!DescriptionGreat stop light corner retail building consisting of 6,600 sf of recession/Amazon proof retailers. Many tenants have been there 5-20 years! High traffic count with diverse tenant mix including Metro PCS.The property is directly across the street from Walgreens and surrounded by countless retailers.LocationHard corner, SE corner of Diversey and Laramie
    Listing Agents
    Paul Tsakiris

    O: 773-355-4780
    M: 773-545-4067
    paul@1stwesternproperties.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5159 West Diversey Avenue

    Chicago, IL 60639

    Listing ID: 203290
    5159 West Diversey Avenue Chicago, IL 60639 | for Sale | Photo 1
    Building Size: 6,600 SF
    Lot Size: 0.215 AC
    Land Size: 9,375 SF
    Building $/SF: $181.67
    Land $/SF: $127.89
    Price
    $1,199,000
    Description

    Highlights

    Hard corner, stop light intersection of Diversey Ave and Laramie Ave

    Strong cash flow with lots of room for upside

    Diverse tenant mix including Metro PCS.

    New Roof in 2012 & some car parking for the tenants.

    Priced below market by any measure: cap rate, cash flow, price per sf, even land value for redevelopment!

    Description

    Great stop light corner retail building consisting of 6,600 sf of recession/Amazon proof retailers. Many tenants have been there 5-20 years! High traffic count with diverse tenant mix including Metro PCS.

    The property is directly across the street from Walgreens and surrounded by countless retailers.

    Location

    Hard corner, SE corner of Diversey and Laramie

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Chicago Area Market Trends

    Listing Demographics for 5159 West Diversey Avenue Chicago, IL 60639

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population67,972469,9231,059,485
    Population Median Age353637
    Population by Age0-9 Yrs9974 (14%)60695 (12%)134867 (12%)
    10-19 Yrs9944 (14%)58793 (12%)119312 (11%)
    20-29 Yrs8776 (12%)71260 (15%)166998 (15%)
    30-39 Yrs10531 (15%)77775 (16%)190033 (17%)
    40-49 Yrs9815 (14%)64932 (13%)144377 (13%)
    50-59 Yrs7995 (11%)57148 (12%)123614 (11%)
    60-69 Yrs6800 (10%)45715 (9%)98465 (9%)
    70+ Yrs4136 (6%)33605 (7%)81818 (7%)
    Median HH Income$52,755$57,828$67,913
    Total Household Income< 24K4538 (22%)33105 (20%)76359 (19%)
    25-49K5137 (25%)36181 (22%)73822 (18%)
    50-74K3991 (19%)27232 (17%)60282 (15%)
    75-99K2748 (13%)19922 (12%)47020 (12%)
    100-199K3398 (16%)33326 (20%)92325 (23%)
    200K+516 (2%)9156 (5%)40539 (10%)
    Highest Education LevelNo Diploma1369863513107334
    Diploma or GED1333487086167199
    Some College739357372122355
    Assoc. Degree26052130944811
    Bachelors Degree477956735180317
    Higher Degree183532501116257
    Total Housing Units22,311176,575432,736
    --Owner-Occupied9,95880,894197,906
    --Renter-Occupied10,36978,029192,442
    Owner-Occupied Values< 100K471514910561
    100-199K18901536730811
    200-299K44372755652866
    300-399K25021888442940
    400-499K419638821145
    500K+239755039583
    Total Working Age Population52,179374,449851,096
    In Work Force35,022255,011592,432
    Not In Work Force17,157119,438258,664
    Workforce Employed32,815238,910559,065
    Workforce Unemployed2,20715,94333,020
    Civlian Workforce35,022254,853592,085
    Military Workforce0159347
    Total Households20,327158,923390,348
    Family Households14,805104,374235,313
    Non-Family Households5,52254,550155,035
    Married Couple9,46766,841157,938
    Other Family5,33837,53377,375
    Married w/Child4,49129,37370,036
    Single Male w/Child9133,9987,936
    Single Female w/Child1,89711,84826,168

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5159 West Diversey Avenue in Chicago?
    The asking price for 5159 West Diversey Avenue is $1,199,000
    What is the building size of this Retail property in Chicago, IL?
    The size of the building/unit at 5159 West Diversey Avenue in Chicago is 6,600 square feet
    How much land does the Chicago, IL property at 5159 West Diversey Avenue include?
    5159 West Diversey Avenue in Chicago includes 0.215 acres of land
    What kind of Retail is the propery at 5159 West Diversey Avenue?
    The property at 5159 West Diversey Avenue Chicago, IL 60639 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 5159 West Diversey Avenue in Chicago?
    The population within 1 mile of 5159 West Diversey Avenue Chicago, IL 60639 is 67,972 people.
    Who do I contact for questions about 5159 West Diversey Avenue?
    You should contact the listing agent, Paul Tsakiris, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 8
    Chicago Midway International Airport (MDW) 10
    General Mitchell International Airport (MKE) 71
    Price
    $1,199,000
    Listing Agent
    More listings from Paul Tsakiris
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Property Inspection •
    White Glove Building Inspections logo
    We find what you may have missed!
    • Cleaning Company •
    Rivas Cleaning Service logo
    A clean, sanitized office is here!
    • Property Inspection •
    Home Inspection Star Inc logo
    We find what you may have missed!
    • Cleaning Company •
    Melissa  A Mop  logo
    A clean, sanitized office is here!
    • Digital Media Services •
    View My Space logo
    Fly-overs, 3d walkthroughs, & more

    Share
    Other property types near Chicago, IL