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    4337 W 16Th St Chicago, IL 60623

    For Sale
    $499,900

    Land - Chicago, IL

    Days on Market:
    13
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 4337 W 16Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    16224000060000

    Building Details

    Architectural style
    Other

    RE/MAX Legends (708) 655-5000 [email protected]

    Listing agent Jorge Luna (630) 216-8000 License #475101633

    Listing date Nov 24, 2025

    MLS# 12451842 Listing URL

    Copyright © 2025 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.

    Overview

    Corner Lot on Busy Street

    This property presents an opportunity to own a corner lot with two pins, situated at a busy street intersection. Zoned C1-2, the land offers various possibilities for establishing a business. It is being sold as a package deal together with the adjacent property at 4351 W. 16th St. The property is located in Chicago, Illinois.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7331876
    Latitude
    41.8585371

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    FAQs

    What type of property is this?
    Commercial land - Corner lot on busy street, endless business opportunities.
    Where is this commercial land located?
    The property is located at 4337 W 16Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Corner lot location; - Zoning C1-2; - Package deal with 4351 W. 16th St.
    (630) 216-8000
    Request Owner's contact information
    4337 W 16Th St Chicago, IL 60623
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    Chicago, IL 60623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4337 W 16Th St Chicago, IL 60623
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