1355 West 16th Street, Chicago, IL

$259,500

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About 1355 West 16th Street

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!

Features of 1355 West 16th Street

MLS® # 12372696
Price $259,500
Bathrooms 0.00
Acres 0.00
Type Land
Sub-Type Land
Status Contingent

Community Information

Address 1355 West 16th Street
Area CHI - Lower West Side
City Chicago
County Cook
State IL
Zip Code 60608

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

District 299

Additional Information

Days on Market 148
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCircle One Realty
Contact Inforyan@circleonerealty.com

Listing Map

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