Chicago, IL 60609 4333 S State Street

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Presented By: Straight-A Realty, LLC
  • MLS# 12091017
  • 06/21/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

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.
Presented By: Straight-A Realty, LLC

Interior Features for 4333 S State Street

Bathrooms

Total Baths

General for 4333 S State Street

CityChicago
CountyCook
Days on Market60
Directions43rd Street south to address
Elementary School District299
High School District299
MLS AreaCHI - Grand Boulevard
Middle/Junior School District299
Percent OwnershipFee Simple
PossessionClosing, Immediate
Property TypeLand
Property TypeLand
Standard StatusActive
StatusActive
Tax Annual Amount793.88
Tax Year2021
TownshipHyde Park
UtilitiesElectric to Site, Gas to Site, Water-Municipal
Waterfront Y/NNo
ZoningCOMMR

Exterior for 4333 S State Street

Frontage Length26
Frontage TypeCity Street
Lot Dimensions26X161
Road Surface TypeAsphalt
Total Parking0

Additional Details

Price History

Worth Clark

Price $175,000
MLS#12091017
List Date 06/21/2024
Property Type Land
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