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.
Active
$175,000
4044 W 16th St, Chicago, IL 60623
--beds
--baths
2,604Square Feet
Unimproved Land
Built in ----
2,604 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 78 days
- 53
- 1
Zillow last checked:
Listing updated:
Listed by:
Alison Aviles (312)402-2022,
eXp Realty
Source: MRED as distributed by MLS GRID,MLS#: 12711540
Facts & features
Interior
Appliances
- Laundry: None
Features
- Basement: None
Property
Features
- Frontage length: 24
Lot
- Size: 2,604 Square Feet
- Dimensions: 24X108.5X24X108.5
Details
- Parcel number: 16222290390000
- Special conditions: None
Utilities & green energy
- Utilities for property: Electric to Site, Natural Gas Available, Water Available
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $34,010
- Annual tax amount: $651
- Date on market: 7/21/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $175,000 |
Source:  MRED as distributed by MLS GRID #12711540 Report a problem | ||
| 7/21/2026 | Listing removed | $175,000 |
Source: eXp Realty #12586985 Report a problem | ||
| 3/9/2026 | Listed for sale | $175,000+85.2% |
Source: MRED as distributed by MLS GRID #12586985 Report a problem | ||
| 4/27/2004 | Sold | $94,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $686 +5.4% | $3,401 +10.7% |
| 2023 | $651 +2.6% | $3,073 |
| 2022 | $634 +2.3% | $3,073 |
| 2021 | $620 -9.7% | $3,073 |
| 2020 | $687 +10.9% | $3,073 |
| 2019 | $619 +1.7% | $3,073 |
| 2018 | $609 +2.7% | $3,073 +11.9% |
| 2017 | $593 +7.9% | $2,746 |
| 2016 | $550 +9.3% | $2,746 |
| 2015 | $503 +3.7% | $2,746 +5% |
| 2014 | $485 +2% | $2,616 |
| 2013 | $476 -41% | $2,616 -49.5% |
| 2011 | $807 -64.6% | $5,182 -72.5% |
| 2010 | $2,282 +13.1% | $18,871 |
| 2009 | $2,017 -1.8% | $18,871 -10.3% |
| 2008 | $2,055 +21.6% | $21,040 |
| 2007 | $1,690 +10.6% | $21,040 |
| 2006 | $1,528 -2.2% | $21,040 +84.6% |
| 2005 | $1,563 +2.2% | $11,395 |
| 2004 | $1,529 -15.2% | $11,395 |
| 2003 | $1,803 +49.5% | $11,395 +69.7% |
| 2002 | $1,206 +3.8% | $6,715 |
| 2001 | $1,163 +37% | $6,715 |
| 2000 | $849 +0.8% | $6,715 +52% |
| 1999 | $842 | $4,419 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Lawndale
Nearby schools
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