7 days on Rocket
#12361823, Pamela Walsh, Listing Office: Chicagoland Brokers, Inc
Property details
About 1355 W 16th St
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!
Highlights
Home typeVacant Land
StatusActive
(New)
(New)
MLS #12372696
Summary
- List Price: $259,500
- Annual Tax Amount: $11,518
- Tax Year: 2022
- Directions: 16Th St East Of Ashland To Property
- MLS Number: 12372696
- MLS Name: MRED
- Office Name: Circle One Realty
- Office Phone: (630) 528-2300
- Office Email: ryan@circleonerealty.com
- Listing Agent: Ryan Cherney
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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$259,500
1355 W 16th St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 12, 2023 | Home Sold | $325,000 |
| Sep 19, 2014 | Home Sold | $232,500 |
| Aug 03, 1998 | Home Sold | $100,000 |
| Jan 08, 1998 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $56,000 | $11,518 |
| 2020 | $31,697 | $7,061 |
| 2019 | $36,434 | $7,320 |
History based on county public records data.
Nearby schools
4
Cooper Elementary Academy
Public District PK-5
0.4 mi
•1624 W 19th St
3
Hope Learning Academy
Public District KG-5
1.7 mi
•1628 W Washington Blvd
6
N. Greene Elementary School
Public District KG-5
2.1 mi
•3525 S Honore St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,590. The majority of Chicago, IL residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
52%
<35k
39%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
12%
Single, with Kids
11%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
32%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1355 W 16th St
The listing price of 1355 W 16th St property is $259,500.
The property 1355 W 16th St is land located in Chicago, Illinois, 60608.
Active Listing: 1355 W 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1355 W 16th St are: Cooper Elementary Academy (GreatSchools Rating 4/10), Hope Learning Academy (GreatSchools Rating 3/10), N. Greene Elementary School (GreatSchools Rating 6/10), Pilsen Elementary Community Academy (GreatSchools Rating 3/10), Perez Elementary School (GreatSchools Rating 6/10), Acero Charter School Network - Bartolome de las Casas (GreatSchools Rating 3/10), Devry Advantage Academy High School (GreatSchools Rating 10/10), Chicago Technology Academy High School (GreatSchools Rating 2/10), Juarez Community Academy High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2022 is $11,518 (source: MLS/based on county public records data).
The last sale was on April 12, 2023 for $325,000 (source: MLS/tax record).
This home is located at 1355 W 16th St in Chicago, IL and zip code 60608 in the West Side neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $259,500.
Over 901 listings were sold over their listed price in April 2025 in Chicago, IL. In the same period over 879 listings were sold below the listed price and 351 listings were sold for the listed price. The number of listings in Chicago, IL increased by 19.8% between March and April 2025. In April 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $374,309.
From Rocket Homes Real Estate and based on county public records data.