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$ 175,000
Est. payment | /mo
$ 175,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12711540
Annual Tax Amount $651
Tax Year 2023
Lot Dimensions 24X108.5X24X108.5
Property Sub-Type Land
Property Description
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.
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement None
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site, Natural Gas Available, Water Available
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alison Aviles of eXp Realty
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