1355 W 16th Street
Chicago, IL 60608
Map
- – beds
- – baths
- – sqft
- 2,750 sqft lot
- – on site
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!
Last checked:
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Last updated May 28, 2025
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MLS# 12372696 —
Location
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Directions:16Th St East Of Ashland To Property
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Location:26910
The Property
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Parcel Number:17203040020000
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Property Type:Land
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Lot Size Dimensions:25X110
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Current Use:Other
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Possible Use:Multi-Family, Single Family
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Building On Land:No
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Frontage Type:City Street
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Frontage Length:25
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Waterfront:false
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (630) 862-5181
- Office phone:
- (630) 528-2300
Taxes
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Tax Year:2023
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Tax Annual Amount:7191
The Listing
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Special Listing Conditions:None
Utilities
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Utilities:Electricity Available, Natural Gas Available, Water Available
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Sewer:Storm Sewer
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/22/25
May 22, 2025
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Listed / Active | MRED | $259,500 | -20.2% (-9.5% / YR) |
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4/6/23
Apr 6, 2023
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MRED | $325,000 | ||
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2/8/23
Feb 8, 2023
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MRED | $325,000 |
