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Listing provided courtesy of Realistic Realty LLCMREDas Distributed by MLSGrid- MLS# 12684399MLS Provider

4112 W 16th StreetChicago, IL 60623

Vacant Land
$70,000 Active

4112 W 16th Street Overview

Time on Site:
7 days
Visits:
0

Rare opportunity to acquire a 48' x 108.5' vacant lot in the heart of Chicago's vibrant North Lawndale community. Zoned B3-2 Community Shopping District, this site offers exceptional flexibility for commercial, mixed-use, and residential development opportunities. B3-2 zoning permits a wide range of retail, service, office, and commercial uses, while also allowing residential units above ground-floor commercial space, making it ideal for investors, developers, and owner-users seeking a live/work or income-producing project. Situated on a high-visibility corridor with convenient access to public transportation, major thoroughfares, neighborhood amenities, and a strong residential customer base, this property is well-positioned for future growth and redevelopment. Whether you're planning retail storefronts, professional offices, mixed-use apartments, or a custom commercial project, this oversized lot provides the space and zoning flexibility to bring your vision to life. Adjacent lot located at 4118 W 16th St is also for sale. Don't miss this exceptional opportunity to invest in one of Chicago's most active and evolving neighborhoods

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4112 W 16th Street Facts & Features

  • Type Vacant Land

Details

General

School Information

  • School District: 299

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - North Lawndale
  • Township: West Chicago

Tax Information

  • Tax Annual Amount: $1,371.61
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16222280380000
  • Property Type: Land
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 48
  • Frontage Type: City Street
  • Lot Size Dimensions: 48x108.5
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Unknown (verify)

4112 W 16th Street Neighborhood

Community

60623 (CHICAGO) Demographics

33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4112 W 16th Street Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4112 W 16th Street Market Data

Based on the last 30 days in this zip code

$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

4112 W 16th Street History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/22/2026Source: MRED Added to Database
June 22, 2026