4044 W 16th Street, Chicago, IL 60623

Chicago
Local realty services provided by:ERA Naper Realty
4044 W 16th Street,Chicago, IL 60623
$175,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: alison aviles
Office: exp realty
MLS#:12586985
Source:MLSNI

Price summary

  • Price:$175,000

About this home

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.

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Home facts

  • Listing ID #:12586985
  • Added:1 day(s) ago
  • Updated:March 09, 2026 at 04:52 PM

Rooms and interior

  • Basement:Yes

Finances and disclosures

  • Price:$175,000
  • Tax amount:$651 (2023)
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