$175,000
4044 W 16th Street
Chicago, IL, 60623
Exceptional development opportunity in the heart of **Chicago’s Little Village** corridor. This vacant lot at 4044 W 16th St is zoned B32, one of the most versatile and desirable zoning classifications for mixeduse projects. The zoning allows for a wide range of commercial and residential uses, making it ideal for developers looking to build retail with residential units above, office space, or a fully mixeduse investment property. Located on a strong commercial corridor with consistent foot traffic, the site offers excellent visibility and access to public transportation, neighborhood retail, and dense residential housing. The B3 zoning designation supports higherintensity commercial activity and mixeduse density, creating strong upside potential for both rental income and longterm appreciation.
Property Details
Price:
$175,000
MLS #:
MRD12586985
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chinorthlawndale
Listed Date:
Mar 9, 2026
Schools
School District:
299
Interior
Laundry Features
None
Exterior
Financial
Tax Year
2023
Taxes
$651
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Community
- Address4044 W 16th Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
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Property Summary
- 4044 W 16th Street Chicago IL is a Land for sale in Chicago, IL, 60623. It is listed for $175,000 and features 0 acres. To schedule a showing of MLS#mrd12586985 at 4044 W 16th Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
4044 W 16th Street
Chicago, IL
