4044 W 16th Street Chicago, IL ^$ 175,000

4044 W 16th Street

^$ 175,000

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Recently Listed

4044 W 16th Street

Chicago, IL, 60623

^$ 175,000

Studio Baths0.0

Monthly Estimate*

^$ 1,078

4044 W 16th Street, Chicago, IL 60623 - Image 1

4044 W 16th Street, Chicago, IL 60623 - Image 2

4044 W 16th Street, Chicago, IL 60623 - Image 3

Studio

Lots and Land for sale in Chicago, IL

for $175,000.

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.

Lots and Land Active

Price

^$ 175,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 651

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12586985

Features

General

Utilities Electric to Site Natural Gas Available Water Available

Possession Closing

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

County Cook

Property Type Land Land

Status New

Directions Pulaski to 16th Street west to property

City Chicago

High School District 299

MLS Area CHI - North Lawndale

Tax Annual Amount 651

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None

Laundry Features None

Total Baths 0

Exterior

Total Parking 0

Lot Dimensions 24X108.5X24X108.5

Road Surface Type Asphalt

Frontage Length 24

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Exp Realty

Broker

alison@digschicago.com

Affordability Calculator

$1,132

Per Month

Monthly Principal & Interest: $1,078
Monthly Property Taxes: $54
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$320,806

Percent of Sale Price 83%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/9/2026	$175,000		Listed Price

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4044 W 16th Street, Chicago, IL, 60623 is a Lots and Land for sale at $175,000. 4044 W 16th Street is a studio with 0.0 baths. The property's zip code is 60623 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/10/2026.

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4044 W 16th Street

Lots and Land for sale in Chicago, IL

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