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Listed price in listed location currency (USD).
$50,000

000

MLS® 12763215

Overview

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $1,418
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 12763215

Property Address: 4118 W 16th St, Chicago, IL, 60623

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number12763215
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

87 days

Today, For Sale for $50,000

For Sale · 0 days

$50,000

MLS® 12763215

2 hours ago

Not Sold Yet

September 2026, For Sale for $50,000

For Sale · 0 days

$50,000

MLS® 12763215

2 hours ago

Not Sold Yet

June 2026, For Sale for $70,000

For Sale · 87 days

$70,000

MLS® 12684425

3 months ago

Not Sold Yet

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