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  • 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

    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.
    147 days
    on Zillow
    |
    25
    |
    3
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    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#: 12306405MLS Logo
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    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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