3739 S State Street, Chicago, IL 60609
Local realty services provided by:ERA Partners
3739 S State Street,Chicago, IL 60609
$599,900
- 0.41 Acres
- Lots / Land
- Active
Listed by: gerese tadros
Office: city suburban real estate of il, inc.
MLS#:12724355
Source:MLSNI
Price summary
- Price:$599,900
About this home
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 16,140 square foot lot boasts an impressive 132 ft 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....
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Home facts
- Listing ID #:12724355
- Updated:August 12, 2026 at 02:28 PM
Structure and exterior
- Lot area:0.41 Acres
Finances and disclosures
- Price:$599,900
- Tax amount:$9,742 (2025)
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