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Land · Cicero, IL
$149,900
beds · baths
5929 16th Street, Cicero, IL, 60804
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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.
— the listing agent’s description

The home

Lot 75 X 123
Land

What it’ll cost

$3,473 taxes / yr
No HOA
39 days on dwello

Estimated monthly payment

$1,130/mo
Principal & interest$797
Property taxes$289
Homeowners insurance$44
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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39 days on dwello
Price history
Listed for sale
Mar 18, 2026
$149,900
Property taxes
2025
Annual tax bill (MLS)
$3,473/yr
Assessed value
2025
County assessor
$9,917
2024
$9,917
2023
$108,491
2022
$93,259
2021
$93,259
2020
$93,258
2019
$64,201
2018
$64,201
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

None
Neighborhood
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MLS listing dataMRED
Listed by Michael Scola · RE/MAX Partners
Listing last updated Apr 25, 2026 · data refreshed from the MLS Jun 17, 2026, 6:12 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:12 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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