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Street View
$50,000
Monthly Est:$249
-- Bed
-- Bath
--sqft
4118 W 16th Street, Chicago, IL 60623
$50,000
$249/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
-- sqft lot
--/sqft
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.
- Houzeo last checked: 7 minutes ago
- Listing updated: September 23, 2026 at 5:06 am
- Listing Provided by: Nima Shams (312) 520-7855 | Realistic Realty LLC (773) 671-6857
- Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12763215
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12763215
MLS Status
Active
Days on Market
43
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Utilities
Unknown (verify)
Price History
| Date | Event | Price |
|---|---|---|
09/18/2026 Source: | Listing Removed | $70,000 $0/sqft |
06/22/2026 Source: | Listed for Sale | $70,000 $0/sqft |
North Lawndale Ranks #63 in Chicago, IL
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 31, 2026, 09:45PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Oct 31, 2026, 09:45PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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