4317 S State Street, Chicago, IL 60609
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4317 S State Street,Chicago, IL 60609
$599,000
- 0.48 Acres
- Lots / Land
- Active
Listed by: michael applegate
Office: straight-a realty, llc.
MLS#:12306405
Source:MLSNI
Price summary
- Price:$599,000
About this home
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.
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Home facts
- Listing ID #:12306405
- Added:252 day(s) ago
- Updated:November 14, 2025 at 10:50 PM
Structure and exterior
- Lot area:0.48 Acres
Finances and disclosures
- Price:$599,000
- Tax amount:$5,273 (2023)
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