4333 S State ST Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60609
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12306430
Annual Tax Amount $793
Tax Year 2022
Lot Size 3,920 Sqft
Lot Dimensions 26X161
Property Sub-Type Land
Property Description
This 4,186 sq. ft. lot located at 4333 S State St in Chicago's historic Bronzeville neighborhood is a prime investment opportunity. Situated in a bustling area of new development, the lot is zoned for commercial use with the potential to build three or four residential units above. With a rich cultural heritage and close proximity to vibrant retail, dining, and transit options, Bronzeville is a neighborhood undergoing rapid revitalization. The C1-2 zoning allows for a variety of commercial businesses, including liquor stores and auto shops, with apartments permitted on upper floors. Within a mile, new 3-unit properties are selling for over $1M, and condos are reaching up to $500K. This is an excellent opportunity to build a commercial space with upscale residential units above, offering strong potential returns in one of Chicago's most exciting and growing neighborhoods.
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electricity Available,Natural Gas Available
Building
Dwelling Type Land
Water Municipal Water
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None