4118 W 16th Street, Chicago, IL
  • $70,000

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.

  • Listing Courtesy of: Realistic Realty LLC

Details

Updated on June 25, 2026 at 3:06 am
  • Property ID MRD12684425
  • Price $70,000
  • Property Type Land
  • Property Status Active
  • Parcel Number 16222280370000
  • MLS Status New
  • Cumulative Days On Market 1
  • Tax Annual Amount 1371.61
  • Directions PULASKI TO 16TH STREET WEST TO PROPERTY
  • Address 4118 W 16th Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60623
  • Country United States

Overview

Property ID: MRD12684425
  • Land
  • Property Type

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