4112 W 16th St Chicago, IL 60623
North Lawndale NeighborhoodEstimated payment $499/month
About This Lot
Rare opportunity to acquire a 48' x 108.5' vacant lot in the heart of Chicago's vibrant North Lawndale community. Zoned B3-2 Community Shopping District, this site offers exceptional flexibility for commercial, mixed-use, and residential development opportunities. B3-2 zoning permits a wide range of retail, service, office, and commercial uses, while also allowing residential units above ground-floor commercial space, making it ideal for investors, developers, and owner-users seeking a live/work or income-producing project. Situated on a high-visibility corridor with convenient access to public transportation, major thoroughfares, neighborhood amenities, and a strong residential customer base, this property is well-positioned for future growth and redevelopment. Whether you're planning retail storefronts, professional offices, mixed-use apartments, or a custom commercial project, this oversized lot provides the space and zoning flexibility to bring your vision to life. Adjacent lot located at 4118 W 16th St is also for sale. Don't miss this exceptional opportunity to invest in one of Chicago's most active and evolving neighborhoods
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,372
Lot Details
- Lot Dimensions are 48x108.5
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,215 | $6,802 | $6,802 | |
| 2024 | $2,215 | $6,802 | $6,802 | |
| 2023 | $2,160 | $10,464 | $10,464 | |
| 2022 | $2,160 | $10,464 | $10,464 | $0 |
| 2021 | $2,111 | $10,464 | $10,464 | $0 |
| 2020 | $2,339 | $10,464 | $10,464 | $0 |
| 2019 | $2,109 | $10,464 | $10,464 | $0 |
| 2018 | $2,074 | $10,464 | $10,464 | $0 |
| 2017 | $1,921 | $8,894 | $8,894 | $0 |
| 2016 | $1,781 | $8,894 | $8,894 | $0 |
| 2015 | $1,630 | $8,894 | $8,894 | $0 |
| 2014 | $1,650 | $8,894 | $8,894 | $0 |
| 2013 | $1,618 | $8,894 | $8,894 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2026 06/22/26 | For Sale | $70,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12684399
APN: 16-22-228-038-0000
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Ask me questions while you tour the home.