IL
Cook
Chicago
60623
3118 W 16th Street, Chicago, IL 60623
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Listing Type
Multi Family
Listing Status
Active
46
$330,000

Home Details for 3118 W 16th Street

Price
$330,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1888
Lot size acres
0.09
County
Cook
Garage
8
Basement
Finished, Full
Days on site
0
MLS Listing#
12486870
Property Description

SELLING AS-IS! This classic gray stone two-flat sits proudly on an oversized corner lot, offering the kind of space and opportunity that rarely hits the market in red-hot North Lawndale. Beautiful curb appeal meets unmatched potential with this one. Inside, the property features a garden apartment with unusually high ceilings, making it an ideal candidate to convert into a legal third unit. Whether you're an investor with vision or a buyer exploring an FHA 203K renovation loan, this building is set up to become a true income-producing powerhouse. But the crown jewel is an eight-car garage-perfect for generating additional monthly income through parking rentals, storage, or creative repurposing. With multiple pathways to add value and maximize returns, 3118 W 16th St is a rare gem ready for someone who recognizes long-term potential when they see it.

Property Features
  • Parking
    • Detached
    • Garage
  • Basement
    • Finished
    • Full
Listing Courtesy: Compass - 312-319-1168
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-03-04 04:00:16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-03-04 04:00:16
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EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612
Office
312 834 4383
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