4333 S State Chicago, IL 60609

  • $175,000
  • Sold Date: 01-01-70

4333 S State Chicago, IL 60609
Active
4333 S State Chicago, IL 60609
4333 S State Chicago, IL 60609
  • $175,000
  • Sold Date: 01-01-70

Description

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.

  • Listing Courtesy of: Straight-A Realty, LLC
  • Address 4333 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: MRD12091017
  • Price: $175,000
  • Property Type: Land
  • Property Status: Active
  • Parcel Number: 20033000120000
  • Days On Market: 109
  • Basement Bath(s): No
  • Cumulative Days On Market: 109
  • Tax Annual Amount: 66.16
  • Directions: 43rd Street south to address
  • Township: Hyde Park
  • FrontageLength: 26
  • FrontageType: City Street
  • Utilities: Electric to Site,Gas to Site,Water-Municipal
  • Zoning: COMMR

Overview

Property ID: MRD12091017
  • Land
  • Property Type

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