$900,000
4317 S State Street
Chicago, IL, 60609
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.
Property Details
Price:
$900,000
MLS #:
MRD12091051
Status:
Active
Beds:
0
Baths:
0
Address:
4317 S State Street
Type:
Land
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Jun 21, 2024
State:
IL
ZIP:
60609
Schools
School District:
299
Interior
Exterior
Financial
Tax Year
2022
Taxes
$7,598
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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4317 S State Street
Chicago, IL
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