3739 S State Chicago, IL 60609

  • $1,000,000
  • Sold Date: 01-01-70

3739 S State Chicago, IL 60609
Active
3739 S State Chicago, IL 60609
3739 S State Chicago, IL 60609
  • $1,000,000
  • Sold Date: 01-01-70

Description

Unlock an unparalleled investment opportunity in the heart of Chicago’s vibrant Douglas neighborhood, a gem nestled within the esteemed South Loop district. This expansive 18,000 square foot lot boasts an impressive 134ft of frontage on State Street and coveted C1-3 zoning, setting the stage for visionary development endeavors. Strategically situated across from a picturesque park adorned with baseball diamonds and offering sweeping views of the White Sox stadium, this prime parcel presents a blank canvas for astute investors seeking substantial returns. With the potential to erect up to four commercial mixed-use buildings, the prospects for valuation growth are simply extraordinary, projecting a potential increase in value to approximately $4.8 million post-development, mirroring the success of the highest sold multi-unit comparable at 3655 S. Indiana. The allure of this location is further accentuated by its strategic proximity to Interstate 90/94, the imminent arrival of Pete’s Fresh Market, and the burgeoning wave of new construction residential units slated for the immediate vicinity. This prime land represents a rare convergence of strategic positioning, untapped potential, and robust investment prospects, making it an unmissable gem in Chicago’s dynamic real estate landscape.

  • Listing Courtesy of: Straight-A Realty, LLC
  • Address 3739 S State
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60609
  • Country Cook

Details

Updated on October 8, 2024 at 10:45 am
  • Property ID: MRD12091037
  • Price: $1,000,000
  • Property Type: Land
  • Property Status: Active
  • Parcel Number: 17343200010000
  • Days On Market: 109
  • Basement Bath(s): No
  • Living Area: 0.41
  • Cumulative Days On Market: 109
  • Tax Annual Amount: 1082.68
  • Directions: State Street to 3739 South
  • Township: Hyde Park
  • CurrentUse: Other
  • DocumentsAvailable: Aerial Map,Demographics,Engineering Report,Legal-Description,Floor Plan,Existing Survey,Tax Bill,Title Report
  • FrontageLength: 134
  • FrontageType: City Street
  • Utilities: Electric to Site,Gas to Site,Sanitary Sewer,Water to Site
  • Zoning: COMMR

Overview

Property ID: MRD12091037
  • Land
  • Property Type

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