$799,000
4317 S State Street
Chicago, IL, 60609
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.
Property Details
Price:
$799,000
MLS #:
MRD12306405
Status:
Active
Beds:
0
Baths:
0
Address:
4317 S State Street
Type:
Land
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Mar 7, 2025
State:
IL
ZIP:
60609
Schools
School District:
299
Interior
Exterior
Financial
Tax Year
2023
Taxes
$5,273
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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4317 S State Street
Chicago, IL
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