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1355 W 16th Street, Chicago, IL 60608
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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!
- Utilities
- Electricity Available
- Natural Gas Available
- Water Available
Listing Courtesy: Circle One Realty - (630) 862-5181
Last Updated: 2025-10-20 09:45:33
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$259,500
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EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612