$639,999
3602 W 16th Street
Chicago, IL, 60623
Well-maintained mixed-use investment opportunity in North Lawndale! This property features a fully operational restaurant on the main level and three residential units above. Two of the three 2-bedroom units are currently occupied, generating income from day one, with the third ready for lease or updates as needed. The building offers solid interior and exterior condition, functional systems, and a layout ideal for long-term rental or portfolio expansion. Conveniently located near neighborhood amenities, transit, and local business corridors. Property is being sold with tenants’ rights respected.
Property Details
Price:
$639,999
MLS #:
MRD12522997
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinorthlawndale
Listed Date:
Nov 24, 2025
Total Sq Ft:
3,726
Year Built:
1911
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Roof
Tar/Gravel
Financial
Tax Year
2024
Taxes
$4,436
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Commercial in Chicago as of Nov 27, 2025
1,077
Commercial Listed
176
Avg DOM
152
Avg $ / SqFt
$1,061,740
Avg List Price
Community
- Address3602 W 16th Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
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Property Summary
- 3602 W 16th Street Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $639,999 To schedule a showing of MLS#mrd12522997 at 3602 W 16th Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3602 W 16th Street
Chicago, IL
