Active

5929 16th Street

Cicero, IL 60804
$149,900
0beds
0baths
sqft
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About this home

Exceptional development opportunity in the heart of Cicero! This oversized 75 x 123 vacant lot is zoned for residential/commercial use, offering incredible flexibility for builders and investors alike. Approved potential to develop up to 15 units, with options for 1-bedroom/1-bath or 2-bedroom/1-bath layouts-perfect for maximizing rental income and long-term returns. The generous lot dimensions allow for efficient design and functionality, including space for approximately 15 parking spots-a rare and highly desirable feature for multi-unit developments. Located in a well-established area with convenient access to major expressways, public transportation, shopping, and dining, this property is ideally positioned for strong tenant demand. Whether you're looking to build and hold or develop and sell, this is a rare opportunity to capitalize on a high-density project in a growing market.
MLS Description — as provided by the listing brokerage.

The facts

Property typeLand
Lot size
Annual tax$3,473
CountyCook
MLS #MRD12595468
Days on market7

Features

Cooling
None
Utilities
None
Listed by
RE/MAX Partners
Michael Scola · 708-612-8885

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 3/24/2026, 5:08:24 AM. All data should be independently verified.

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