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$234,000

1355 W 16th Street
Chicago, Illinois 60608

Closed / MLS #12372696 / Vacant Land / Lower West Side
Listing information updated 12/10/2025 at 5:03pm
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!
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$7,191
Tax Year:
2023
Zip Code:
60608
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Circle One Realty

Listing Office Phone: 630.528.2300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/10/2025 at 5:03pm. 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. Some listings have been excluded from this website.

Lower West Side, IL

Situated just three miles southwest of The Loop, The Lower West Side has evolved as a diverse hub with neighborhoods such as Pilsen and Heart of Chicago. In Pilsen, bold murals and street art can be found in seemingly unexpected places, highlighting the neighborhood’s artistic energy and vibe. Loc...

Metra

Metra
BNSF Railway line at Halsted St Metra

CTA

CTA
Pink line at 18th St
$500,215
Average Sale Price
85
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1355 W 16th Street, Chicago, IL 60608
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1355 W 16th Street, Chicago, IL 60608 is a vacant land which sold for $234,000. This vacant land has been listed on @properties Christie's International Real Estate since May 22nd, 2025. The nearest transit stops include 18th St CTA Pink line and Halsted St Metra Metra BNSF Railway line.

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