Trace metals (Cd, Cu, Pb and Zn) enrichment, availability and contamination in superficial sediments of three interconnected urban lagoons localized in Concepcion-Chile, were evaluated. According to the results of geochemical fracctionation analysis, Cu and Pb are rather associated with oxi-hydroxides, Cd is associated with exchangeable and carbonates fraction, while Zn is mainly associated with organic, oxi-hydroxides and residual fraction. The estimation of the availability percentages indicate that Cu is the most mobile metal and the less mobile is the Cd. An evaluation of the geo-accumulation index and urban industrial pollution allowed to classify the studied zone as moderately to highly contaminated.