4044 W 16th Street Chicago IL 60623 MLS #MRD12586985

MLS #MRD12586985 image #0
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.

Property Details

Price:
$175,000
MLS #:
MRD12586985
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chinorthlawndale
Listed Date:
Mar 9, 2026
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Laundry Features
None

Exterior

Financial

Tax Year
2023
Taxes
$651

Listing Agent & Office

Alison Aviles
eXp Realty

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4044 W 16th Street
Chicago, IL