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Vacant Commercial Land
For Sale
$175,000

4044 W 16th Street, Chicago, IL 60623

Land, Chicago, IL

Property SizeContact for details
Days on Market47

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
Listed By: Alison Aviles · License #475202497
Added: Jul 21 Changed: Aug 19 Last Checked: Sep 5 at 5:06PM
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 vacant commercial land parcel is located at 4044 W 16th Street in Chicago, Illinois. Water is available at the site. The property is positioned along a commercial corridor with access to public transportation, neighborhood retail, and surrounding dense residential housing.

The site’s stated commercial and residential development context supports consideration of mixed-use, retail, office, or residential-oriented planning, subject to applicable approvals and regulations. Its setting combines an established commercial environment with nearby housing and transit access.

Key Highlights

  • Vacant commercial land parcel
  • Water available at the site
  • Located at 4044 W 16th Street, Chicago, IL 60623

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,124
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant lot with water available along a commercial corridor near public transportation, neighborhood retail, and dense residential housing.
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 commercial land parcel; Water available at the site; Located at 4044 W 16th Street, Chicago, IL 60623
More about this property
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