$175,000

4044 W 16th Street, Chicago, IL 60623

Land
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 25 days ago

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.

Listing Status:: Active
Data Last Updated:: April 3, 2026 at 6:18PM
Listing Office:: eXp Realty : 312-402-2022
Listing Agent:: Alison Aviles : 312-402-2022
MLS ID:: 12586985

Laundry: None
Basement: None

Parking: Parking spaces: 0

Road/Access: AsphaltCity Street
Originating MLS: mred
School District: 299
County: Cook

Zoning: 16222290390000

Utilities: Electric to SiteNatural Gas AvailableWater Available

Source: mred
Ownership: Fee Simple

This listing courtesy of Alison Aviles , eXp Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Penn Elementary School

1616 S Avers Ave, Chicago, IL, 60623

Grades PK-8

0.25 miles away

Penn Elementary School

1616 S Avers Ave, Chicago, IL, 60623

Grades PK-8

0.25 miles away

Yccs-Cca Academy High School

1231 S Pulaski Rd, Chicago, IL, 60623

Grades 9-12

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.