Address
4112 W 16th Street, Chicago, IL
Price
$ 50,000
Property Attributes
  • MLS#12763219
  • TypeLand
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - North Lawndale
  • NeighborhoodNorth Lawndale
  • Zip60623
  • Style
  • Taxes$ 1417
  • Price$ 50,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Rare opportunity to acquire a 48' x 108.5' vacant lot in the heart of Chicago's vibrant North Lawndale community. Zoned B3-2 Community Shopping District, this site offers exceptional flexibility for commercial, mixed-use, and residential development opportunities. B3-2 zoning permits a wide range of retail, service, office, and commercial uses, while also allowing residential units above ground-floor commercial space, making it ideal for investors, developers, and owner-users seeking a live/work or income-producing project. Situated on a high-visibility corridor with convenient access to public transportation, major thoroughfares, neighborhood amenities, and a strong residential customer base, this property is well-positioned for future growth and redevelopment. Whether you're planning retail storefronts, professional offices, mixed-use apartments, or a custom commercial project, this oversized lot provides the space and zoning flexibility to bring your vision to life. Adjacent lot located at 4118 W 16th St is also for sale. Don't miss this exceptional opportunity to invest in one of Chicago's most active and evolving neighborhoods

Price History
9/18/2026 Listed $50,000

General Features

Utilities Unknown (verify)
Possession Closing
Township West Chicago
Tax Year 2025
Ownership Fee Simple
County Cook
Property Type Land
Status Active
Directions PULASKI TO 16TH STREET WEST TO PROPERTY
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Tax Annual Amount 1417.73
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Land

Exterior Features

Lot Dimensions 48x108.5
Road Surface Type Asphalt
Frontage Length 48
Frontage Type City Street
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60623

Price
AVG $60K
$50K
Taxes
AVG $1,260
$1,417
Visits
AVG 219
27
Data Provided by Inside Real Estate®

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