# 4118 W 16th Street, Chicago, IL 60623

> **TL;DR:** land, $70,000. Est. $303/mo. Listed 3 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $70,000 |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 3 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $303 |
| **Total** | **$303** |

## Description

### Agent Description
Unlock the potential of this strategically located vacant lot in Chicago's thriving North Lawndale neighborhood. Zoned B3-2 Community Shopping District, this property offers tremendous flexibility for a variety of commercial, mixed-use, and residential development opportunities. Whether you're an investor, developer, or business owner, this site provides the ideal foundation for your next project. The B3-2 zoning designation supports retail, office, service, and commercial uses, while also allowing residential units above commercial space, making it well-suited for mixed-use development. Situated along a busy commercial corridor with excellent visibility, strong neighborhood demographics, and convenient access to public transportation and major roadways, this property benefits from consistent foot and vehicle traffic. Take advantage of the area's ongoing growth and revitalization while securing a valuable piece of real estate in one of Chicago's most active neighborhoods. Ideal for retail storefronts, professional offices, multi-unit residential development, or a custom mixed-use investment. Also, the adjacent lot 4112 W 16th Street is for sale. An exceptional opportunity to build and invest in the future of North Lawndale.

## Location

- **Address:** 4118 W 16th Street, Chicago, IL 60623
- **County:** Cook
- **Coordinates:** 41.859058, -87.728241
- **Google Maps:** https://www.google.com/maps?q=41.859058,-87.728241

## Listing Agent

- **Name:** Nima Shams
- **Brokerage:** Realistic Realty LLC
- **Phone:** (773) 671-6857
- **Email:** mehrproperties@gmail.com

## Primary Photo

![4118 W 16th Street - Primary Photo](http://lh.rdcpix.com/4fa4fd62753c0640bbd65a7b7fbe3f7fl-f2339874248r.jpg)

---

**MLS#:** 12684425 | **Updated:** 2026-06-26
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4118-w-16th-street-chicago-il-60623-12684425)

---

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