1355 W 16th Street
Chicago, IL, 60608
$259,500
Beds
0 Baths
0 SqFt
0 Acres
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$259,500
1355 W 16th Street
Chicago, IL, 60608
MLS #MRD12372696 image #0MLS #MRD12372696 image #1
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!

Property Details

Price:
$259,500
MLS #:
MRD12372696
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chilowerwestside
Listed Date:
May 22, 2025
Chi – Lower West SideChilowerwestside

Schools

School District:
299

Interior

Exterior

Financial

Tax Year
2023
Taxes
$7,191
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Land in Chicago as of Oct 06, 2025
913
Land Listed
485
Avg DOM
$290,531
Avg List Price

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Property Summary

    1355 W 16th Street Chicago IL is a Land for sale in Chicago, IL, 60608. It is listed for $259,500 and features 0 acres. To schedule a showing of MLS#mrd12372696 at 1355 W 16th Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1355 W 16th Street
Chicago, IL