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.
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Zillow last checked:
Listing updated:
Listed by:
Nima Shams312-520-7855,
Realistic Realty LLC
Source: MRED as distributed by MLS GRID,MLS#: 12684425
Facts & features
Property
Features
Frontage length: 48
Lot
Size: 5,232 Square Feet
Dimensions: 48x109
Details
Parcel number: 16222280370000
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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,323/mo
Price history
Date
Event
Price
6/22/2026
Listed for sale
$70,000
Source: MRED as distributed by MLS GRID #12684425Report a problem
10/17/2024
Listing removed
$70,000
Source: MRED as distributed by MLS GRID #12186065Report a problem
10/11/2024
Listed for sale
$70,000-6.7%
Source: MRED as distributed by MLS GRID #12186065Report a problem
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.