Zoned Development Land
For Sale
$175,000
4044 W 16th Street, Chicago, IL 60623
LAND - Chicago, IL
Property SizeContact for details
Days on Market21
Property Features for 4044 W 16th Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
299
Middle school district
299
High school district
299
Directions
Pulaski to 16th Street, west to property
Subdivision
CHI - North Lawndale
Standard status
Active
APN
16222290390000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
651
Utilities
Utilities
Water Available
Listing Agency:
eXp Realty
(888) 574-9405
Listed By:
Alison Aviles · License #475202497
(888) 574-9405
Added: Jul 21
Last Checked: Aug 10 at 1:06AM
MLS# 12711540
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a vacant commercial land parcel at 4044 W 16th Street in Chicago, IL 60623. The property is designated B32 zoning, which the listing describes as a versatile classification for mixed-use development and a broad range of commercial and residential use scenarios.
The parcel is positioned in Chicago’s Little Village corridor, per the provided remarks. The listing also notes proximity to neighborhood retail and public transportation.
For developers and investors, the key attribute here is the B32 zoning designation, which supports planning flexibility for projects that incorporate both commercial and residential elements, subject to applicable approvals.
The parcel is positioned in Chicago’s Little Village corridor, per the provided remarks. The listing also notes proximity to neighborhood retail and public transportation.
For developers and investors, the key attribute here is the B32 zoning designation, which supports planning flexibility for projects that incorporate both commercial and residential elements, subject to applicable approvals.
Key Highlights
- Vacant lot at 4044 W 16th St in Chicago’s Little Village corridor
- Zoned B32 for a wide range of commercial and residential uses, including mixed‑use options
- Opportunity to build retail with residential units above, office space, or a fully mixed‑use property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant lot zoned B32 at 4044 W 16th Street in Chicago’s Little Village corridor.
Where is this commercial land located?
The property is located at 4044 W 16th Street Chicago, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Vacant lot at 4044 W 16th St in Chicago’s Little Village corridor; Zoned B32 for a wide range of commercial and residential uses, including mixed‑use options; Opportunity to build retail with residential units above, office space, or a fully mixed‑use property
