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Listing provided courtesy of Smith and Jones Realty, LLCMREDas Distributed by MLSGrid- MLS# 12641797MLS Provider

401 S Cicero AvenueChicago, IL 60644

Commercial · 2,900 Sq. ft.
$230,000 Active

401 S Cicero Avenue Overview

Time on Site:
54 days
Visits:
3

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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401 S Cicero Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 2,900
  • Price/Sq.ft. $79

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 1400
  • Fuel Expense: 2000
  • Gross Income: 4000
  • Gross Scheduled Income: 48000
  • Insurance Expense: 1200
  • Trash Expense: 400
  • Water Sewer Expense: 1200

Building Information

  • Year Built: 1918

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Austin

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $1,410.00
  • Tax Year: 2023

General Information

  • Parcel Number: 16151210390000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 2900

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 84 X 73
  • Lot Size Square Feet: 6230

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

401 S Cicero Avenue Neighborhood

Community

60644 (CHICAGO) Demographics

36
Median Age
13,070
Population Density (per sq. mile)
19%
College Educated
$28,033
Estimated Median Income
5,202
Estimated Total Home Owners
12,107
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

401 S Cicero Avenue Monthly Cost

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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

401 S Cicero Avenue Market Data

Based on the last 30 days in this zip code

$312,454
Average List Price
$167
Average Price per Square Foot
10
Properties Sold
73
Average Days on Market
33
Properties for Sale
Calculations provided by Reliance Network

401 S Cicero Avenue History

Date Event Value Agent
5/12/2026Source: MRED Status Change
Active
5/7/2026Source: MRED Added to Database
May 07, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022