1355 W 16th Street, Chicago, IL 60608

Land
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

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!

Listing Status:: Active
Listing Office:: Circle One Realty : 630-862-5181
Listing Agent:: Ryan Cherney : 630-862-5181
MLS ID:: 12372696

Parking: Parking spaces: 0

This listing courtesy of Ryan Cherney, Circle One Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pilsen Elementary Community Academy

1420 W 17th St, Chicago, IL, 60608

Grades PK-8

0.08 miles away

Pilsen Elementary Community Academy

1420 W 17th St, Chicago, IL, 60608

Grades PK-8

0.08 miles away

Devry Advantage Academy High School

1900 W Lawrence Ave, Chicago, IL, 60640

Grades 11-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.