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$599,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
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0.00 |
0 |
$5,272.71 |
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On the market:
131 days
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View full details, 15 photos, school info, and price history
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.
Listing courtesy of Michael Applegate, Straight-A Realty, LLC