401 S Cicero Avenue Chicago IL 60644 MLS #MRD12529789

Perfectly situated on a high-visibility corner along Cicero Avenue, 401 S Cicero Ave offers investors a rare mixed-use asset with multiple income streams and strong value-add potential in one of Chicago’s rapidly evolving commercial corridors. The property includes a street-level retail space currently leased to a neighborhood convenience store, benefiting from excellent exposure, steady traffic counts, and convenient access to major transit routes including I-290 and nearby CTA bus lines. Above the commercial space is a spacious vintage residential unit, ideal for renovation and re-leasing at market rates-providing an immediate upside opportunity. Totaling approximately 3,300 SF, the building features efficient layouts, solid brick construction, clean mechanical systems, and separately metered utilities-supporting easier management and lower operating costs. Located minutes from the West Suburban Medical District, Garfield Park Conservatory, and multiple CTA options, the property sits at the intersection of strong residential density and consistent commercial demand. This asset is well-suited for first-time commercial buyers, seasoned investors seeking a portfolio add-on, or value-add operators looking to increase cash flow in a strengthening submarket.