$175,000

4044 W 16th Street, Chicago IL, 60623

Property typeLand

Listed by Alison Aviles with eXp Realty 312-402-2022

Overview

Active

Listed Jul 21, 2026

Updated Jul 28

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.

Other Property Details

Taxes: $651
Tax Frequency: Annually

Listed by Alison Aviles with eXp Realty 312-402-2022

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Based on information submitted to the MLS GRID for MRED 7/28/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

Data is refreshed every 3 hours. Listing last updated 3:35 AM UTC on 7/28/2026.

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