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Active
    • $70,000

    4112 W 16th St, Chicago, IL 60623

    --beds
    --baths
    5,208Square Feet
    Unimproved Land
    Built in ----
    5,208 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Oversized lot
    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
    14 days
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    61
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nima Shams 312-520-7855,

    Realistic Realty LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12684399MLS Logo

      Facts & features

      Property

      Features
      • Frontage length: 48
      Lot
      • Size: 5,208 Square Feet
      • Dimensions: 48x108.5
      Details
      • Parcel number: 16222280380000
      • Special conditions: None

      Utilities & green energy

      • Utilities for property: Unknown (verify)

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $68,020
      • Annual tax amount: $1,371
      • Date on market: 6/22/2026
      • Ownership: Fee Simple
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,323/mo

        Price history

        DateEventPrice
        6/22/2026Listed for sale$70,000
        Source: MRED as distributed by MLS GRID #12684399 Report a problem
        10/17/2024Listing removed$70,000
        Source: MRED as distributed by MLS GRID #12186071 Report a problem
        10/11/2024Listed for sale$70,000-6.7%
        Source: MRED as distributed by MLS GRID #12186071 Report a problem
        4/22/2022Listing removed--
        Source: My State MLS Report a problem
        10/4/2021Price change$75,000+30.4%
        Source: My State MLS #10982110 Report a problem
        7/27/2021Price change$57,500+19.8%
        Source: My State MLS #10982110 Report a problem
        4/3/2021Listed for sale$48,000
        Source: My State MLS #10982110 Report a problem
        2/4/2019Listing removed$48,000
        Source: Real People Realty Inc #10136708 Report a problem
        11/13/2018Listed for sale$48,000
        Source: Real People Realty Inc #10136708 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $6,802 -35%
        2023$2,215 +2.6%$10,464
        2022$2,160 +2.3%$10,464
        2021$2,111 -9.7%$10,464
        2020$2,339 +10.9%$10,464
        2019$2,109 +1.7%$10,464
        2018$2,074 +7.9%$10,464 +17.7%
        2017$1,921 +7.8%$8,894
        2016$1,781 +9.3%$8,894
        2015$1,630 -1.2%$8,894
        2014$1,650 +2%$8,894
        2013$1,618 $8,894

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Lawndale

        Getting around

        67 / 100
        Somewhat Walkable
        64 / 100
        Good Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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