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401 S Cicero Avenue Chicago, IL $ 230,000
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$ 230,000 Get more info
401 S Cicero Avenue
$ 230,000
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401 S Cicero Avenue

Chicago, IL, 60644
$ 230,000
Bedrooms-- Baths-- Sq 2,900

Monthly Estimate*

$ 1,416

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Commercial Property for sale in Chicago, IL

for $230,000. This 2,900 square foot building was built in 1918 on a lot size of 0.143021.

This is a rare opportunity to own a versatile mixed-use property with an additional oversized vacant lot offering exceptional potential for expansion or future development. Ideally located near the high-traffic intersection of Interstate I-290 and Cicero Avenue, this property provides outstanding visibility and convenient access to major transportation routes and city amenities. The second floor features a spacious and inviting 3-bedroom, 1.5-bath apartment, perfect for owner occupancy or rental income. The first floor offers flexible commercial space ideal for retail, office, or a variety of business uses. Included with the property is a cleared extra lot that is more than twice the size of the existing building, creating endless possibilities for redevelopment, additional parking, expansion, or investment opportunities.

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Commercial Active

Price

$ 230,000

Property Type

Commercial

Taxes

$ 1,410

Style

Lot Size

0.143021

Year Built

1918

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12641797
Features
General
Cooling Central Air
Construction Materials Brick
Year Built 1918
Electric Circuit Breakers
Tenant Pays Other
Stories Count 2
Property Subtype Mixed Use
Tax Year 2023
Gross Income 4000
County Cook
Insurance Expense 1200
Property Type Commercial Sale Mixed Use
Status Active
Directions From I 290 drive north on Cicero Ave. about 4 blocks building is on the right.
City Chicago
Number Of Units Total 2
MLS Area CHI - Austin
Lot Size Square Feet 6230
Tax Annual Amount 1410
Electric Expense 1400
Fuel Expense 2000
Trash Expense 400
Water Sewer Expense 1200
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 2900
Lot Dimensions 84 X 73
Frontage Type City Street
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* Excluded Features
List By
Smith And Jones Realty, Llc

Broker

allan@smithandjones-realty.com

Email

Affordability Calculator

$1,534
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$118
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
5/7/2026$230,000 Listed Price

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401 S Cicero Avenue, Chicago, IL, 60644 is a Commercial Property for sale at $230,000 with 2,900 sqft and a lot size of 0.143021. 401 S Cicero Avenue was built in 1918. The property's zip code is 60644 which is in Chicago, IL

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