4118 W 16th Street, Chicago, IL 60623
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
4118 W 16th Street,Chicago, IL 60623
$70,000
- 0 Acres
- Lots / Land
- Active
Listed by: nima shams
Office: realistic realty llc.
MLS#:12684425
Source:MLSNI
Price summary
- Price:$70,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:12684425
- Updated:June 28, 2026 at 11:28 PM
Finances and disclosures
- Price:$70,000
- Tax amount:$1,372 (2024)
New listings near 4118 W 16th Street
- New
$355,000Active3 beds 3 baths1,436 sq. ft.735 E 50th Street #2, Chicago, IL 60615
MLS# 12690534Listed by: BAIRD & WARNER - New
$319,900Active3 beds 3 baths1,500 sq. ft.848 N Lawler Avenue, Chicago, IL 60651
MLS# 12690545Listed by: NELLY CORP REALTY - New
$675,000Active7 beds 5 baths3505 W Le Moyne Street, Chicago, IL 60651
MLS# 12690577Listed by: GREYSTONE REALTY - New
$289,900Active3 beds 2 baths7,500 sq. ft.10130 S Lowe Avenue, Chicago, IL 60628
MLS# 12690606Listed by: NV REALTY LLC - New
$289,000Active2 beds 1 baths767 sq. ft.535 N Michigan Avenue #909, Chicago, IL 60611
MLS# 12683646Listed by: GMC REALTY LTD - New
$199,000Active3 beds 2 baths1,500 sq. ft.3236 S Leavitt Street, Chicago, IL 60608
MLS# 12685556Listed by: COMPASS - New
$199,000Active1 beds 1 baths750 sq. ft.5115 N Kenmore Avenue #3S, Chicago, IL 60640
MLS# 12690473Listed by: COMPASS - New
$174,900Active1 beds 1 baths900 sq. ft.3441 W Bryn Mawr Avenue #1E, Chicago, IL 60659
MLS# 12690507Listed by: HOME REALTY GROUP, INC - New
$229,999Active1 beds 1 baths855 sq. ft.233 E Erie Street #1305, Chicago, IL 60611
MLS# 12690535Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - New
$244,900Active4 beds 2 baths2,000 sq. ft.Address Withheld By Seller, Chicago, IL 60628
MLS# 12690482Listed by: RE/MAX PREMIER