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!
Closed
$234,000
1355 W 16th St, Chicago, IL 60608
--beds
--baths
2,750Square Feet
Unimproved Land
Built in ----
2,750 Square Feet Lot
$472,300 Zestimate®
$--/sqft
$2,051 Estimated rent
Home value
$472,300
$354,000 - $605,000
$2,051/mo
Zestimate® history
Owner options
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$2,051/mo
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$2,051/mo
Rent Zestimate®
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$1,708/mo
Est. payment
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$1,708/mo
Est. payment
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Shovel-ready site
Zillow last checked:
Listing updated:
Listing courtesy of:
Ryan Cherney (630)862-5181,
Circle One Realty
Bought with:
Conrad Sienkiewicz
Core Realty & Investments Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12372696
Facts & features
Property
Features
- Frontage length: 25
Lot
- Size: 2,750 sqft
- Dimensions: 25X110
Details
- Parcel number: 17203040020000
- Special conditions: None
Utilities & green energy
- Sewer: Storm Sewer
- Utilities for property: Electric to Site, Natural Gas Available, Water Available
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Sold | $234,000-9.8% |
Source:  MRED as distributed by MLS GRID #12372696 Report a problem | ||
| 12/4/2025 | Contingent | $259,500 |
Source: MRED as distributed by MLS GRID #12372696 Report a problem | ||
| 10/20/2025 | Listed for sale | $259,500 |
Source: MRED as distributed by MLS GRID #12372696 Report a problem | ||
| 9/29/2025 | Contingent | $259,500 |
Source: MRED as distributed by MLS GRID #12372696 Report a problem | ||
| 5/22/2025 | Listed for sale | $259,500-20.2% |
Source: MRED as distributed by MLS GRID #12372696 Report a problem | ||
| 4/6/2023 | Sold | $325,000+30% |
Source: MRED as distributed by MLS GRID #11660918 Report a problem | ||
| 5/5/2022 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11293014 Report a problem | ||
| 12/30/2021 | Contingent | $250,000 |
Source: MRED as distributed by MLS GRID #11293014 Report a problem | ||
| 12/22/2021 | Listed for sale | $250,000-56.5% |
Source: MRED as distributed by MLS GRID #11293014 Report a problem | ||
| 4/9/2019 | Listing removed | $574,900 |
Source: daprile properties #10126882 Report a problem | ||
| 12/28/2018 | Price change | $574,900-4.2% |
Source: daprile properties #10126882 Report a problem | ||
| 11/1/2018 | Listed for sale | $599,900-20% |
Source: daprile properties #10126882 Report a problem | ||
| 1/13/2018 | Listing removed | $750,000 |
Source: Owner Report a problem | ||
| 11/15/2017 | Pending sale | $750,000 |
Source: Owner Report a problem | ||
| 11/11/2017 | Listed for sale | $750,000+222.6% |
Source: Owner Report a problem | ||
| 9/19/2014 | Sold | $232,500+1.1% |
Source: Public Record Report a problem | ||
| 7/12/2014 | Pending sale | $229,900 |
Source: America Real Estate #08658423 Report a problem | ||
| 6/29/2014 | Listed for sale | $229,900+64.2% |
Source: America Real Estate #08658423 Report a problem | ||
| 8/3/1998 | Sold | $140,000+180% |
Source: Public Record Report a problem | ||
| 1/8/1998 | Sold | $50,000+92.3% |
Source: Public Record Report a problem | ||
| 12/19/1995 | Sold | $26,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $50,000 +46.7% |
| 2023 | $7,191 -37.6% | $34,083 -39.1% |
| 2022 | $11,518 +2.3% | $56,000 |
| 2021 | $11,261 +59.5% | $56,000 +76.7% |
| 2020 | $7,061 -3.5% | $31,697 -13% |
| 2019 | $7,320 +1.7% | $36,434 |
| 2018 | $7,197 +28.9% | $36,434 +40.5% |
| 2017 | $5,583 +7.5% | $25,933 |
| 2016 | $5,194 +9.3% | $25,933 |
| 2015 | $4,752 +18.8% | $25,933 +7.5% |
| 2014 | $4,001 +2.3% | $24,131 |
| 2013 | $3,911 +0.7% | $24,131 |
| 2012 | $3,883 +9.2% | $24,131 -7.1% |
| 2011 | $3,554 +80.6% | $25,974 |
| 2010 | $1,968 -37% | $25,974 |
| 2009 | $3,125 +3% | $25,974 -6.8% |
| 2008 | $3,035 -23.3% | $27,871 |
| 2007 | $3,958 -1.1% | $27,871 |
| 2006 | $4,001 +42.7% | $27,871 +62.4% |
| 2005 | $2,805 +1% | $17,165 |
| 2004 | $2,777 +2.2% | $17,165 |
| 2003 | $2,716 +34.6% | $17,165 +52.8% |
| 2002 | $2,018 +26.6% | $11,231 |
| 2001 | $1,594 +12% | $11,231 |
| 2000 | $1,424 -0.7% | $11,231 +51.5% |
| 1999 | $1,433 | $7,412 |
Find assessor info on the county website
Neighborhood: Pilsen
Nearby schools
GreatSchools rating
- 3/10Pilsen Elementary Community AcademyGrades: PK-8Distance: 0.1 mi
- 2/10Juarez Community Academy High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Illinois
- Cook County
- Chicago
- 60608
- Pilsen
- 1355 W 16th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Chicago Topics
