About 4333 South State Street
Seize a premier investment opportunity in the heart of Chicago's historic and dynamic Bronzeville neighborhood. This expansive 4,186 sq. ft. lot, enveloped by a surge of new construction, offers prime zoning for a commercial unit with the potential to develop either three or four residential units above. While the commercial space presents a sophisticated exit strategy, the potential returns are undeniably substantial. Within a mile radius, new construction 3-unit properties are commanding prices over $1M, with condos reaching up to $500k. Investors can capitalize on developing a 3-unit or 4-unit building, featuring ground-level commercial space and upscale residential units above, projecting an impressive after-repair value of approximately $1M. Bronzeville, celebrated for its rich cultural heritage and vibrant community, is undergoing significant revitalization, making this lot a prime target for discerning investors. This is a rare chance to secure a high-value asset in one of Chicago's most promising and rapidly growing neighborhoods. Don't miss out on transforming this prime parcel into a lucrative development.
Features of 4333 South State Street
| MLS® # | 12091017 |
|---|---|
| Price | $175,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 4333 South State Street |
|---|---|
| Area | CHI - Grand Boulevard |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60609 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 214 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Straight-A Realty, LLC |
|---|