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Zoned Development Land Parcel

4044 W 16th Street Chicago, IL 60623

New
4044 W 16th Street, Chicago, IL, 60623
$175,000
For Sale
$175,000

LAND - Chicago, IL

Days on Market2

Property Features for 4044 W 16th Street

General Information

Property type
Land
Property subtype
Other
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
Added: Jul 21 Checked: Jul 22 at 8:06AM
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.

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 Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tech Support Center Bakery Computer & Electronic Repair Home Appliance Store Cafe & Coffee Shop

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

FAQs

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
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