4317-27 S State Street,Chicago, IL 60609
Chicago, IL 60609
Description
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.
Details
| MLS # | 12724356 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 64 |
| Listing Provided By | City Suburban Real Estate of IL, Inc. | Gerese Tadros |
Features
| Zoning | COMMR |
|---|
Utilities
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected, Water Available |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 16630.9 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI Grand Boulevard |
| Listing VS Median (in 60609) | |
Price: $599,900 low | high Med: $279,000 On site: 64 low | high Med: 26 | |
Market Activity 60609
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI Grand Boulevard |
| Listing VS Median (in 60609) | |
Price: $599,900 low | high Med: $279,000 On site: 64 low | high Med: 26 | |
