4112 W 16th Street, Chicago, IL 60623

Listing agent Nima Shams License #475178819 Show Phone

Listing office Realistic Realty LLC E***@gmail.com 4450 N Central Ave., Chicago, IL Show Phone

Listing date Jun 22, 2026

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MLS# 12684399 Listing URL

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Overview

This offering is a vacant commercial lot measuring 48' x 108.5', presented for development in the B3-2 Community Shopping District. The property is specifically positioned for flexibility in design and use, including the ability to support residential units above ground-floor commercial space alongside retail, service, office, and other commercial uses.

Located in Chicago’s North Lawndale community, the site is described as being on a high-visibility corridor with convenient access to public transportation and major thoroughfares. The listing also notes nearby neighborhood amenities and a strong residential customer base.

For tenants, developers, or owner-users looking for a live-work or mixed-use format, the B3-2 zoning framework can accommodate projects that pair ground-floor commercial activity with residential above. The owner also indicates an adjacent lot at 4118 W 16th St is available for purchase as well, which may support larger site planning if you are considering a combined development strategy.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.728066

Latitude

41.859062

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FAQs

What type of property is this?

Commercial land - Vacant parcel in a B3-2 Community Shopping District with zoning flexibility for commercial or mixed-use development.

Where is this commercial land located?

The property is located at 4112 W 16th Street Chicago, IL.

What is the asking price?

The asking price for this property is $70,000.

What are key features of this property?

This property features: 48' x 108.5' vacant lot in Chicago’s North Lawndale community; Zoned B3‑2 Community Shopping District; B3‑2 zoning supports a wide range of retail, service, office, and commercial uses