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$70,000
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Property Description
Rare opportunity to acquire a 48' x 108.5' vacant lot in the heart of Chicago's vibrant North Lawndale community. Zoned B3-2 Community Shopping District, this site offers exceptional flexibility for commercial, mixed-use, and residential development opportunities. B3-2 zoning permits a wide range of retail, service, office, and commercial uses, while also allowing residential units above ground-floor commercial space, making it ideal for investors, developers, and owner-users seeking a live/work or income-producing project. Situated on a high-visibility corridor with convenient access to public transportation, major thoroughfares, neighborhood amenities, and a strong residential customer base, this property is well-positioned for future growth and redevelopment. Whether you're planning retail storefronts, professional offices, mixed-use apartments, or a custom commercial project, this oversized lot provides the space and zoning flexibility to bring your vision to life. Adjacent lot located at 4118 W 16th St is also for sale. Don't miss this exceptional opportunity to invest in one of Chicago's most active and evolving neighborhoods
Full Property Details
Full Property Details for 4112 W 16th St
General
- Price: $70,000
- Taxes: $1,371 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12684399
- Updated: 6/28/2026
- Added to Site: 14 day(s) ago
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Location
- Area: CHI - North Lawndale
- County: Cook
- Township: West Chicago
- Driving Directions: PULASKI TO 16TH STREET WEST TO PROPERTY
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Onsite: Unknown (verify)
Lot Features
- Lot Size (Sq. Ft.): 5,208
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 48 x 108.5
- Frontage: City Street
- Frontage Feet: 48
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,371.61
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16222280380000
Listed by Realistic Realty LLC
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Schools
Schools serving 4112 W 16th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mason Elementary School 4217 West 18th Street, Chicago, IL 60623 | PK-8 | 0.2 mi |
Infinity Math Science & Tech High School 3120 South Kostner Avenue, Chicago, IL 60623 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4112 W 16th St
Date
Details
Price
Change
Source
6/22/2026
Listed
$70,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4112 W 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,215
—
$6,802
-35%
2023
$2,215
3%
$10,464
—
2022
$2,160
2%
$10,464
—
2021
$2,111
-10%
$10,464
—
2020
$2,339
11%
$10,464
—
2019
$2,109
2%
$10,464
—
2018
$2,074
8%
$10,464
18%
2017
$1,921
8%
$8,894
—
2016
$1,781
9%
$8,894
—
2015
$1,630
-1%
$8,894
—
2014
$1,650
2%
$8,894
—
2013
$1,618
1%
$8,894
—
2012
$1,596
—
$8,894
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4112 W 16th St
4112 W 16th Street, Chicago, IL 60623 (MLS# 12684399) is a Lots/Land property with a lot size of acres. 4112 W 16th Street is currently listed for $70,000 and was received on June 22, 2026. Want to learn more about 4112 W 16th Street? Do you have questions about finding other Lots/Land real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

