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4118 W 16th Street Chicago, IL 60623

$70,000
New / MLS# 12684425 / Land - Residential / Chicago
0 Beds

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.

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Baird & Warner Daniel Ribando Agent Cell: 847.346.5809 Email

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Estimated Payment

$ 290.22 per month $155.56 Principal & Interest $114.25 Property Tax $20.42 Homeowner's Insurance
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Property Details

Property Type: Land - Residential
Lot Size: 0.12 Acres
Taxes: $1,371

Feature Descriptions

Frontage: 48
Frontage Type: City Street
Lot Dimensions: 48x109
Parcel#: 16222280370000
Road Surface: Asphalt
Township: West Chicago
Utilities: Unknown (verify)

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Realistic Realty LLC

Listing Office Phone: 773-671-6857



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