4317 S State Street, Chicago, IL 60609

Land
Built in ——
0.48acre lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Seize a rare opportunity to develop on Chicago's historic State Street with five contiguous lots, totaling an expansive 20,930 sq. ft. in the heart of Bronzeville. Boasting C1-2 zoning and 130 feet of prime frontage, this site is surrounded by hundreds of new residential developments, with even more on the way, making it a high-demand investment. State Street has long been a cornerstone of Chicago's commercial and cultural landscape, and this property offers a versatile canvas for a high-impact mixed-use development. With easy access to I-90/94, investors have the flexibility to build four mixed-use buildings or two 8-unit residential structures, with a projected valuation between $3.35M and $4.6M. The C1-2 zoning allows for a wide range of businesses, including retail, liquor stores, warehouses, and auto shops, while also permitting residential units above commercial spaces-a perfect fit for the neighborhood's evolving needs. Five adjacent lots of this size, in such a prime location, are a rarity-don't miss your chance to be part of Bronzeville's booming revitalization and State Street's ongoing legacy while maximizing your investment potential.

Listing Status:: Active
Listing Office:: Straight-A Realty, LLC : 708-743-0043
Listing Agent:: Michael Applegate : 708-743-0043
MLS ID:: 12306405

Parking: Parking spaces: 0

This listing courtesy of Michael Applegate, Straight-A Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bronzeville Classical Elementary School

8 W Root St, Chicago, IL, 60609

Grades KG-4

0.27 miles away

Hendricks Elementary Community Academy

4316 S Princeton Ave, Chicago, IL, 60609

Grades PK-8

0.42 miles away

Phillips Academy High School

244 E Pershing Rd, Chicago, IL, 60653

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.