3130 W 16th Street Chicago, IL $ 229,999
3130 W 16th Street
$ 229,999
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3130 W 16th Street

Chicago, IL, 60623
$ 229,999
Bedrooms5 Baths3.0

Monthly Estimate*

$ 1,589

3130 W 16th Street, Chicago, IL 60623 - Image 1

Multi-Family Home for sale in Chicago, IL

for $229,999 with 5 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.09.

Attention Investors, Rehabbers, and Developers! Excellent opportunity to transform this two-unit property located in Chicago's North Lawndale neighborhood. The building has already been gutted and is ready for renovation, offering a blank canvas for your next investment project. Restore this building into a desirable two-unit rental property or explore other redevelopment possibilities, subject to applicable zoning and city approvals. Conveniently located near public transportation, neighborhood parks, shopping, and major expressways. Bring your contractor, creativity, and vision to unlock the potential of this value-add investment opportunity. Property requires renovation and is being offered in its current condition.

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Multi-Family Active

Price

$ 229,999

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,811

Style

Greystone

Lot Size

0.09

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12795337

Features
General
Sewer Public Sewer
Heating Gas
Possession Closing Immediate Negotiable
Roof Rubber Tar/Gravel Flat
Zoning MULTI
Architectural Style Greystone
Construction Materials Brick
Year Built 1900
Township West Chicago
Tax Year 2023
Ownership Fee Simple
Community Features Park Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions From Ogden Avenue head north on S Kedzie Avenue. Turn east (right) onto W 16th Street. The property is located between S Kedzie Avenue and S Albany Avenue
High School Manley Career Academy High Schoo
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Elementary School Johnson Elementary School
Tax Annual Amount 3811
Middle/Junior High School Johnson Elementary School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Exterior Amenities Other
Parking Features Unassigned Off Alley Yes Owned
Water Source Lake Michigan
Total Parking 3
Foundation Details Brick/Mortar
Lot Dimensions 32.8 125
Lot Size Acres 0.09
Waterfront Y/N N
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

smcdonald@bhhschicago.com;seanmcdonaldrealestate@gmail.com

Email

Affordability Calculator

$1,906
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,589
Monthly Property Taxes
$318
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5136941 Elementary School
5136941 Middle School
Manley Career Academy High Schoo High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$229,999 Listed Price

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3130 W 16th Street, Chicago, IL, 60623 is a Multi-Family Home for sale at $229,999 with a lot size of 0.09. 3130 W 16th Street has 5 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 60623 which is in Chicago, IL