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  • $599,000

    4317 S State St, Chicago, IL 60609

    --beds
    --baths
    0.48Acres
    Unimproved Land
    Built in ----
    0.48 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Seize a rare opportunity to develop on Chicago's historic State Street with five contiguous lots, totaling an expansive 20,930 sq. ft. in the heart of Bronzeville. Boasting C1-2 zoning and 130 feet of prime frontage, this site is surrounded by hundreds of new residential developments, with even more on the way, making it a high-demand investment. State Street has long been a cornerstone of Chicago's commercial and cultural landscape, and this property offers a versatile canvas for a high-impact mixed-use development. With easy access to I-90/94, investors have the flexibility to build four mixed-use buildings or two 8-unit residential structures, with a projected valuation between $3.35M and $4.6M. The C1-2 zoning allows for a wide range of businesses, including retail, liquor stores, warehouses, and auto shops, while also permitting residential units above commercial spaces-a perfect fit for the neighborhood's evolving needs. Five adjacent lots of this size, in such a prime location, are a rarity-don't miss your chance to be part of Bronzeville's booming revitalization and State Street's ongoing legacy while maximizing your investment potential.
    281 days
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    34
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    2
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    Zillow last checked: 8 hours ago

    Listing updated: November 18, 2025 at 11:12am

    Listing courtesy of:

    Michael Applegate 708-743-0043,

    Straight-A Realty, LLC,

    Brittany Jones 708-574-1218,

    Straight-A Realty, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12306405MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 130
    Lot
    • Size: 0.48 Acres
    • Dimensions: 130X161
    Details
    • Additional parcels included: 20033000070000,20033000080000,20033000090000,20033000100000
    • Parcel number: 20033000060000
    • Zoning: COMMR
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Natural Gas Available, Sewer Connected, Water Available

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $37,670
    • Annual tax amount: $5,272
    • Date on market: 3/7/2025
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Concrete, Gravel

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,496/mo

    Price history

    Price history
    DateEventPrice
    6/19/2025Price change$599,000-7.7%
    Source: MRED as distributed by MLS GRID #12306405 Report a problem
    4/27/2025Price change$649,000-18.8%
    Source: MRED as distributed by MLS GRID #12306405 Report a problem
    3/7/2025Listed for sale$799,000-11.2%
    Source: MRED as distributed by MLS GRID #12306405 Report a problem
    3/1/2025Listing removed$900,000
    Source: MRED as distributed by MLS GRID #12091051 Report a problem
    6/22/2024Listed for sale$900,000-9.9%
    Source: MRED as distributed by MLS GRID #12091051 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2023$797 +2.6%$3,767
    2022$777 +2.3%$3,767
    2021$760 -9.5%$3,767

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: Bronzeville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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