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
Details
| MLS # | 12684399 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 69 |
| Listing Provided By | Realistic Realty LLC | Nima Shams |
Features
| Acreage | 0.12 |
|---|
Utilities
| Utilities | Unknown (verify) |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 1371.61 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60623 |
| Area | CHI North Lawndale |
| Listing VS Median (in 60623) | |
Price: $70,000 low | high Med: $240,000 On site: 69 low | high Med: 48 | |
Market Activity 60623
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60623 |
| Area | CHI North Lawndale |
| Listing VS Median (in 60623) | |
Price: $70,000 low | high Med: $240,000 On site: 69 low | high Med: 48 | |
