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B3-2 Commercial Land
For Sale
$70,000

4112 W 16th Street, Chicago, IL 60623

Land, Chicago, IL

Property SizeContact for details
Lot Size0.12 Acres
Days on Market79

Property Features for 4112 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 16222280380000
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1372
Listing Agency: Realistic Realty LLC · ERA Real Estate
Listed By: Nima Shams · License #475178819
Added: Jun 22 Changed: Aug 20 Last Checked: Sep 8 at 9:06AM
MLS# 12684399

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 measures 48 feet by 108.5 feet and is located at 4112 W 16th Street in Chicago. The property carries B3-2 Community Shopping District zoning, supporting a range of retail, service, office, and other commercial uses. The zoning also allows residential units above ground-floor commercial space, providing a framework for mixed-use development.

The site is positioned in North Lawndale and offers access to public transportation, major thoroughfares, and neighborhood amenities. The surrounding area includes an established residential customer base. An adjacent lot at 4118 W 16th St is also available for sale, creating an additional assemblage consideration for a purchaser.

Key Highlights

  • 48' x 108.5' vacant commercial lot
  • B3‑2 Community Shopping District zoning
  • Permitted commercial uses include retail, service, office, and other commercial uses

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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 urban parcel supporting commercial and 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 commercial lot; B3‑2 Community Shopping District zoning; Permitted commercial uses include retail, service, office, and other commercial uses
More about this property
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