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Mixed-Use Land for Sale in Chicago, Illinois

4044 W 16th St, Chicago, IL 60623

$175,000
0.06 acres
Active
ago
Est $1,234/mo

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

Street address
4044 W 16th St
Community
CHI - North Lawndale
Elevation
601 feet
Coordinates
41.8591, -87.7268

Directions

Pulaski to 16th Street, west to property

Property details

Lot size
0.06 acres2,614 sq ft
MLS #
MRED 12586985
Posted

Property taxes

2023
$651

Parcels

  • 16222290390000

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Mar 9, 2026New listing$175,000MRED
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This 0.06-acre property is located at 4044 W 16th St in Chicago, IL 60623. The property is available for sale for $175,000.

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