4118 W 16th Street, Chicago IL 60623
$50,000

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Property Description

Unlock the potential of this strategically located vacant lot in Chicago's thriving North Lawndale neighborhood. Zoned B3-2 Community Shopping District, this property offers tremendous flexibility for a variety of commercial, mixed-use, and residential development opportunities. Whether you're an investor, developer, or business owner, this site provides the ideal foundation for your next project. The B3-2 zoning designation supports retail, office, service, and commercial uses, while also allowing residential units above commercial space, making it well-suited for mixed-use development. Situated along a busy commercial corridor with excellent visibility, strong neighborhood demographics, and convenient access to public transportation and major roadways, this property benefits from consistent foot and vehicle traffic. Take advantage of the area's ongoing growth and revitalization while securing a valuable piece of real estate in one of Chicago's most active neighborhoods. Ideal for retail storefronts, professional offices, multi-unit residential development, or a custom mixed-use investment. Also, the adjacent lot 4112 W 16th Street is for sale. An exceptional opportunity to build and invest in the future of North Lawndale.

Features & Information

Key Details

  • List Price $50,000
  • Property Taxes $1,418
  • Lot Dimensions 48x109
  • Market Time 7
  • Status Active

Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Pulaski To 16th Street West To Property
  • Property Taxes

  • Tax $1,418
  • Tax Year 2025
  • Parcel Identification Number 16222280370000

Listed by Nima Shams for Realistic Realty LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/27/2026 10:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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