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1355 W 16th Street, Chicago, IL 60608

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Listing Type
Lots/Land
Listing Status
active
2
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$259,500

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Home Details for 1355 W 16th Street
Price
$259,500
Type
Lots/Land
County
Cook
Tax
$7,191
MLS®️ Listing#
12372696
On exitrealty.com
183 days
Property Description
Unlock immediate development potential in the highly sought-after Pilsen neighborhood! This exceptional 110' x 25' lot boasts a prime location with unparalleled access to Pilsen's vibrant attractions, including convenient transportation, diverse dining, thriving art galleries, and rich culture. Already up-zoned to RM 4.5, this shovel-ready site comes with approved designs and permits for a lucrative 3-unit apartment/condo building, recently appraised at $1.2 million. Imagine breaking ground immediately and capitalizing on this prime Chicago location. Even better, explore the opportunity to develop 4 units, maximizing your investment potentially. Seller financing is available to further facilitate your success, making this an unmissable chance to establish a significant residential presence in one of Chicago's most dynamic communities. Don't miss out on this rare Pilsen development gem!
Property Features
Listing Courtesy: Circle One Realty - (630) 862-5181
mls_icon Based on information submitted to the MLS GRID as of 2025-10-20 09:45:33. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-10-20 09:45:33
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Market statistics compiled from data from Midwest Real Estate Data.
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EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612
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$259,500

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EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612
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