4118 W 16th Street
Chicago, IL, 60623
$50,000
Beds
0 Baths
0 SqFt
0 Acres
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$50,000
4118 W 16th Street
Chicago, IL, 60623
MLS #MRD12763215 image #0
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.

Property Details

Price:
$50,000
MLS #:
MRD12763215
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chinorthlawndale
Listed Date:
Sep 17, 2026
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Exterior

Financial

Tax Year
2025
Taxes
$1,418
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Current real estate data for Land in Chicago as of Sep 30, 2026
1,487
Land Listed
200
Avg DOM
$148,124
Avg List Price

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Property Summary

    4118 W 16th Street Chicago IL is a Land for sale in Chicago, IL, 60623. It is listed for $50,000 and features 0 acres. To schedule a showing of MLS#mrd12763215 at 4118 W 16th Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4118 W 16th Street
Chicago, IL