Address
4118 W 16th Street, Chicago, IL
Price
$ 50,000
Property Attributes
- MLS#12763215
- 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
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.
| 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 | 48x109 |
|---|---|
| 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
Taxes
Visits
REALTORS® Wisconsin Real Estate Exchange (WIREX). All information deemed reliable but not guaranteed. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), nor Cove Realty, LLC - WI, nor WIREX MLS shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Cove Realty, LLC - WI may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 Wisconsin Real Estate Exchange (WIREX) MLS, Inc. All rights reserved. Last Updated: September 28, 2026 5:36 PM UTC
