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3602 W 16th Street Chicago, IL $ 639,999
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$ 639,999 Get more info
3602 W 16th Street
$ 639,999
Back to search
Share Save

3602 W 16th Street

Chicago, IL, 60623
$ 639,999
Bedrooms-- Baths-- Sq 3,726

Monthly Estimate*

$ 3,941

3602 W 16th Street, Chicago, IL 60623 - Image 1
3602 W 16th Street, Chicago, IL 60623 - Image 2
3602 W 16th Street, Chicago, IL 60623 - Image 3
3602 W 16th Street, Chicago, IL 60623 - Image 4
3602 W 16th Street, Chicago, IL 60623 - Image 5
3602 W 16th Street, Chicago, IL 60623 - Image 6
3602 W 16th Street, Chicago, IL 60623 - Image 7
3602 W 16th Street, Chicago, IL 60623 - Image 8
3602 W 16th Street, Chicago, IL 60623 - Image 9
3602 W 16th Street, Chicago, IL 60623 - Image 10

Commercial Property for sale in Chicago, IL

for $639,999. This 3,726 square foot building was built in 1911 on a lot size of 0.057392.

Well-maintained mixed-use investment opportunity in North Lawndale! This property features a fully operational restaurant on the main level and three residential units above. Two of the three 2-bedroom units are currently occupied, generating income from day one, with the third ready for lease or updates as needed. The building offers solid interior and exterior condition, functional systems, and a layout ideal for long-term rental or portfolio expansion. Conveniently located near neighborhood amenities, transit, and local business corridors. Property is being sold with tenants' rights respected.

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Commercial Active

Price

$ 639,999

Property Type

Commercial

Taxes

$ 4,436

Style

Lot Size

0.057392

Year Built

1911

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12522997
Features
General
Cooling None
Possession Tenant's Rights
Roof Tar/Gravel
Construction Materials Brick
Year Built 1911
Electric Circuit Breakers
Tenant Pays All Utilities
Stories Count 2
Township West Chicago
Property Subtype Mixed Use
Tax Year 2024
Gross Income 43200
County Cook
Insurance Expense 497
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status Active
Directions Central Park to 16th Street
City Chicago
Number Of Units Total 4
MLS Area CHI - North Lawndale
Lot Size Square Feet 2500
Tax Annual Amount 4436.32
Electric Expense 5854
Fuel Expense 6744
Trash Expense 1836
Water Sewer Expense 4800
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 3726
Lot Dimensions 25 x 99.8
Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

theacebroker@icloud.com;theacebroker@icloud.com

Email

Affordability Calculator

$4,310
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,941
Monthly Property Taxes
$370
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/25/2025$639,999 Listed Price

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3602 W 16th Street, Chicago, IL, 60623 is a Commercial Property for sale at $639,999 with 3,726 sqft and a lot size of 0.057392. 3602 W 16th Street was built in 1911. The property's zip code is 60623 which is in Chicago, IL

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