4317 S State Street
Chicago, IL 60609
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Embark on a transformative investment journey with this extraordinary 20,930 square foot vacant lot, showcasing coveted C1-2 zoning and an impressive 130ft of frontage on State Street in the vibrant Bronzeville neighborhood of Chicago. Surrounded by a dynamic landscape brimming with hundreds of new residential developments, and with more slated for the immediate area, this prime location epitomizes unparalleled potential. Its strategic proximity to Interstate 90/94, a major thoroughfare spanning the city from north to south, further elevates its allure. The sheer size of this lot heralds immense opportunities, affording investors the flexibility to craft up to four commercial mixed-use buildings or two 8-unit structures, promising a staggering valuation upside ranging from $3.35M to $4.6M. Don't miss the chance to capitalize on the robust growth and prospects of this burgeoning neighborhood, making it an irresistibly enticing proposition for astute developers and investors alike.
Listing courtesy of MRED / Straight-A Realty, LLC as distributed by MLS GRID
Last checked:
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Last updated Oct 25, 2024
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MLS# 12091051 —
Location
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Directions:State Street N/S to 4317 south
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Location:27867
The Property
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Parcel Number:20033000060000
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Property Type:Land
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Location:N
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Lot Size Dimensions:130X161
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Current Use:Other
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Possible Use:Commercial, Office and Research, Development, Recreational, Multi-Family, Retail
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Zoning:COMMR
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Building On Land:No
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Frontage Type:City Street, Interstate
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Frontage Length:130
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Waterfront:false
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Additional Parcels:true
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Road Surface Type:Asphalt, Concrete, Gravel
Listing Agent
- Contact info:
- Agent phone:
- (708) 743-0043
- Office phone:
- (630) 288-2446
Taxes
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Tax Year:2022
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Tax Annual Amount:7597.6
The Listing
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Special Listing Conditions:None
Utilities
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Utilities:Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/21/24
Jun 21, 2024
|
Listed / Active | MRED | $900,000 | |
4/7/23
Apr 7, 2023
|
Listed / Active | MRED |