502 S Cicero Avenue Chicago, IL $ 324,900
502 S Cicero Avenue
$ 324,900
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502 S Cicero Avenue

Chicago, IL, 60644
$ 324,900
Bedrooms-- Baths-- Sq 9,700

Monthly Estimate*

$ 2,027

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Commercial Property for sale in Chicago, IL

for $324,900. This 9,700 square foot building was built in 1913 on a lot size of 0.142332.

This is a fantastic investment opportunity featuring three buildings sold together under one PIN. The property includes two apartments, two retail storefronts, and a fully operational tire store/repair business. The sale includes two additional addresses: 500 S. Cicero and 4807 W. Congress Parkway. Each of the two storefronts is approximately 1,800 square feet, while the two apartments above-also measure 1,800 square feet each. The tire store is a separate building with 2,476 square feet, bringing the total property size to 9,676 square feet. The buildings on Cicero require renovation before they can be leased, whereas the building on Congress is fully functional. The location is excellent being on one of Chicago's best known main streets only a few blocks from the I-290 expressway. Don't miss this unique opportunity to own a versatile property with multiple income streams!

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Commercial Active

Price

$ 324,900

Property Type

Commercial

Taxes

$ 10,180

Style

Automotive

Lot Size

0.142332

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12298384

Features
General
Cooling Central Air
Zoning MULTI
Construction Materials Brick
Year Built 1913
Electric Other
Stories Count 3
Tax Year 2022
Current Use Automotive
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions Drive on I-290 exit the Cicero exit. Drive north about three blocks and building is located on the left side.
City Chicago
Number Of Units Total 5
MLS Area CHI - Austin
Lot Size Square Feet 6200
Tax Annual Amount 10180
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 9700
Lot Dimensions 124 X 50
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* Excluded Features
List By
Smith And Jones Realty, Llc

Broker

allan@smithandjones-realty.com

Email

Affordability Calculator

$2,875
Per Month
70%
30%
0%
Monthly Principal & Interest
$2,027
Monthly Property Taxes
$848
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2025$324,900 -7.14% Price Down
2/25/2025$349,900 Listed Price

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502 S Cicero Avenue, Chicago, IL, 60644 is a Commercial Property for sale at $324,900 with 9,700 sqft and a lot size of 0.142332. 502 S Cicero Avenue was built in 1913. The property's zip code is 60644 which is in Chicago, IL