1355 W 16th Street, Chicago, IL 60608

Local realty services provided by:Better Homes and Gardens Real Estate Connections
1355 W 16th Street,Chicago, IL 60608
$259,500
  • 0 Acres
  • Lots / Land
  • Active
Listed by:ryan cherney
Office:circle one realty
MLS#:12372696
Source:MLSNI

Price summary

  • Price:$259,500

About this home

Unlock immediate development potential in the highly sought-after Pilsen neighborhood! This exceptional 110' x 25' lot boasts a prime location with unparalleled access to Pilsen's vibrant attractions, including convenient transportation, diverse dining, thriving art galleries, and rich culture. Already up-zoned to RM 4.5, this shovel-ready site comes with approved designs and permits for a lucrative 3-unit apartment/condo building, recently appraised at $1.2 million. Imagine breaking ground immediately and capitalizing on this prime Chicago location. Even better, explore the opportunity to develop 4 units, maximizing your investment potentially. Seller financing is available to further facilitate your success, making this an unmissable chance to establish a significant residential presence in one of Chicago's most dynamic communities. Don't miss out on this rare Pilsen development gem!

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Home facts

  • Listing Id #:12372696
  • Added:84 day(s) ago
  • Updated:August 13, 2025 at 10:47 AM

Finances and disclosures

  • Price:$259,500
  • Tax amount:$7,191 (2023)
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