# 4044 W 16th Street, Chicago, IL 60623

> **TL;DR:** land, $175,000. Est. $936/mo. Listed 103 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $175,000 |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 103 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $885 |
| Estimated Insurance | $51 |
| **Total** | **$936** |

## Description

### Agent Description
Exceptional development opportunity in the heart of **Chicago's Little Village** corridor. This vacant lot at 4044 W 16th St is zoned B32, one of the most versatile and desirable zoning classifications for mixeduse projects. The zoning allows for a wide range of commercial and residential uses, making it ideal for developers looking to build retail with residential units above, office space, or a fully mixeduse investment property. Located on a strong commercial corridor with consistent foot traffic, the site offers excellent visibility and access to public transportation, neighborhood retail, and dense residential housing. The B3 zoning designation supports higherintensity commercial activity and mixeduse density, creating strong upside potential for both rental income and longterm appreciation.

## Location

- **Address:** 4044 W 16th Street, Chicago, IL 60623
- **County:** Cook
- **Coordinates:** 41.85908, -87.726798
- **Google Maps:** https://www.google.com/maps?q=41.85908,-87.726798

## Listing Agent

- **Name:** Alison Aviles
- **Brokerage:** eXp Realty, LLC
- **Broker Phone:** (888) 574-9405
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4044-W-16th-St_Chicago_IL_60623_M70547-82715?f=listhub&s=MREDIL&m=12711540&c=propsimple)

## Photos

![4044 W 16th Street - Photo 1](http://lh.rdcpix.com/17876873b1001bb95bbb39eaa12e9bcfl-f456993182r.jpg)

![4044 W 16th Street - Photo 2](http://lh.rdcpix.com/17876873b1001bb95bbb39eaa12e9bcfl-f150600362r.jpg)

![4044 W 16th Street - Photo 3](http://lh.rdcpix.com/17876873b1001bb95bbb39eaa12e9bcfl-f3025920747r.jpg)

---

**MLS#:** 12711540 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/4044-w-16th-street-chicago-il-60623-98657dcd28be4af59767eb26a0d43fc5)

---

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