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.
Active
Price cut: $50K (6/19)
$599,000
4317 S State St, Chicago, IL 60609
--beds
--baths
0.48Acres
Unimproved Land
Built in ----
0.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 147 days
- on Zillow |
- 25 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 10:07pm
Listing courtesy of:
Michael Applegate 708-743-0043,
Straight-A Realty, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12306405

Travel times
Facts & features
Property
Features
- Frontage length: 130
Lot
- Size: 0.48 Acres
- Dimensions: 130X161
Details
- Additional parcels included: 20033000070000,20033000080000,20033000090000,20033000100000
- Parcel number: 20033000060000
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $37,670
- Annual tax amount: $5,272
- Date on market: 3/7/2025
- Ownership: Fee Simple
- Road surface type: Asphalt, Concrete, Gravel
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