5929 16th Street
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.
- Paisans Pizzeria 450 ft
- Freddy's Pizza 0.2 mi
- Los Comales 0.5 mi
- Albano's Pizzeria 0.5 mi
- Lucky Dog 0.5 mi
- KFC 0.6 mi
- Clark's Pump-N-Shop 0.3 mi
- BP Shop 0.5 mi
- BP Shop 0.5 mi
- King Quick Mart 0.6 mi
- Shell 0.7 mi
- Aldi 0.7 mi
- North Warren Park 0.3 mi
- Warren Park 0.4 mi
- North Clyde Park 0.4 mi
- Hett Park 0.5 mi
- Island Oasis Nature Play Garden 0.6 mi
- McDonald's PlayPlace 0.8 mi
- Dunkin' 0.4 mi
- Dunkin' 0.5 mi
- Poppin Panda 0.6 mi
- Dunkin' 1.0 mi
- Eastgate Café 1.0 mi
- Buzz Cafe 1.0 mi
Every event we have for this address, straight from the MLS.
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12595468