1355 16th Street, Lower West Side, Chicago, Illinois 60608
$259,500
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 0 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $7,191 |
| Days On Market: | 186 |
| Lot Size: | 0,00 |
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 Specifics
| Lot/Land | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| — | |
| — | |
| 12372696 | |
| 17203040020000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Aug, 2014 | Sold | $232,500 | MRED MLS |
| 11 Jul, 2014 | Under contract | $229,900 | MRED MLS |
| 27 Jun, 2014 | Listed for sale | $229,900 | MRED MLS |
| 6 Apr, 2023 | Sold | $325,000 | MRED MLS |
| 8 Feb, 2023 | Under contract | $325,000 | MRED MLS |
| 26 Oct, 2022 | Listed for sale | $325,000 | MRED MLS |
| 22 May, 2025 | Listed for sale | $259,500 | MRED MLS |
Room Specifics
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25X110 | |
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| Not in DB | |
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| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2014 | $3,883 |
| 2023 | $7,061 |
| 2025 | $7,191 |
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Listing Provided By
Circle One Realty
