$150,000
3821 S State Street Chicago, IL 60609
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$150,000
Est. payment /mo
3,484 Sqft Lot
UPDATED:
10/07/2024 05:47 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12091032
Annual Tax Amount $2,480
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 25X128
Property Description
Discover an extraordinary investment opportunity in the thriving Douglas neighborhood, an esteemed enclave within Chicago's prestigious Douglas neighborhood (near the South Loop), with this prime lot boasting coveted C1-3 zoning and a strategic location near the iconic White Sox stadium. Positioned on bustling State Street and offering scenic views, this property is in close proximity to prestigious colleges and is directly across from a picturesque park. The forthcoming addition of Pete's Fresh Market further enhances the area's allure, making it an ideal destination for discerning investors looking to capitalize on the neighborhood's burgeoning growth trajectory. Recent sales in the area underscore strong demand, with top residential comparables commanding impressive figures, such as $699,000 for residences and $409,000 for condos within a 1-mile radius. With its exceptional potential for a 3 or 4-unit development featuring versatile commercial space on the ground level and elegant residential units above, this lot presents a compelling and lucrative opportunity for visionary developers. Don't miss your chance to be part of this vibrant and evolving neighborhood!
Location
State IL
County Cook
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Waterfront false
View Y/N true
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Applegate • Straight-A Realty, LLC
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959