4317 S State Street Chicago IL 60609 MLS #MRD12306405

MLS #MRD12306405 image #0MLS #MRD12306405 image #1MLS #MRD12306405 image #2MLS #MRD12306405 image #3MLS #MRD12306405 image #4MLS #MRD12306405 image #5MLS #MRD12306405 image #6MLS #MRD12306405 image #7MLS #MRD12306405 image #8MLS #MRD12306405 image #9
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:
$599,000
MLS #:
MRD12306405
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
CHI – Grand Boulevard
Listed Date:
Mar 7, 2025
Chi – Grand BoulevardChi – Grand Boulevard

Schools

School District:
299

Interior

Exterior

Financial

Tax Year
2023
Taxes
$5,273

Listing Agent & Office

Michael Applegate
Straight-A Realty, LLC

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