Land for Sale: 3739 S State, Chicago, IL 60609

$1,000,000
$1,000,000
3739 S State, Chicago, IL 60609
$1,000,000
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Price:
$1,000,000

Type Lot/Land
Lot Size 0.41 acres

City Chicago
County Cook
School District 299

MLS 12091037
Status Active
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.

Lot & Building Features

Tax Year 2022
Lot Dimensions 134X133 ft

Community and Schools

Elementary School 299

Price History of 3739 State, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $1,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Cheryl Cronin
Direct: 708-237-7799
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Straight-A Realty, LLC, Michael Applegate & Brittany Jones
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1%
6.75%
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3739 State (MLS #12091037) is a lot/land listing located in Chicago, IL. This is a lot/land listing with a lot of 17,860 sqft (or 0.41 acres). This property was listed on 06/21/2024 and has been priced for sale at $1,000,000.

Nearby zip codes are 60615, 60616, 60619, 60623 and 60653.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Straight-A Realty, LLC