Embark on a transformative investment journey with this extraordinary 20,930 square foot vacant lot, showcasing coveted C1-2 zoning and an impressive 130ft of frontage on State Street in the vibrant Bronzeville neighborhood of Chicago. Surrounded by a dynamic landscape brimming with hundreds of new residential developments, and with more slated for the immediate area, this prime location epitomizes unparalleled potential. Its strategic proximity to Interstate 90/94, a major thoroughfare spanning the city from north to south, further elevates its allure. The sheer size of this lot heralds immense opportunities, affording investors the flexibility to craft up to four commercial mixed-use buildings or two 8-unit structures, promising a staggering valuation upside ranging from $3.35M to $4.6M. Don't miss the chance to capitalize on the robust growth and prospects of this burgeoning neighborhood, making it an irresistibly enticing proposition for astute developers and investors alike.
Property Details
Property Features
Listing Office:
Office Name: Straight-A Realty, LLC
Office Phone: (630) 288-2446
Listing Agent: Michael Applegate
Other
Directions Information:
Directions: State Street N/S to 4317 south
Price Information
Listing Price Info
Price Summary:
List Price: $900,000
Tax Information:
Annual Amount: $757
Tax Year: 2019
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $539.6K more than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12091051
Listing Office:
Office Name: Straight-A Realty, LLC
Office Phone: (630) 288-2446
Listing Agent: Michael Applegate
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Bronzeville Classical Elementary School
8 W Root St
Distance between this listing and this school0.27 miles
Public District Grades KG-4
5
/10
Univ of Chicago Charter-Donoghue
707 E 37th St
Distance between this listing and this school1.24 miles
Public Charter Grades PK-5
5
/10
Robinson Elementary School
4225 S Lake Park Ave
Distance between this listing and this school1.45 miles
Public District Grades PK-3
Nearby Schools
5
/10
Hendricks Elementary Community Academy
4316 S Princeton Ave
Distance between this listing and this school0.38 miles
Public District Grades PK-8
3
/10
Beethoven Elementary School
25 W 47th St
Distance between this listing and this school0.52 miles
Public District Grades PK-8
2
/10
Mollison Elementary School
4415 S Dr Martin L King Jr Dr
Distance between this listing and this school0.55 miles
Public District Grades PK-8
Nearby Schools
1
/10
Phillips Academy High School
244 E Pershing Rd
Distance between this listing and this school0.68 miles
Public District Grades 9-12
5
/10
Williams Medical Preparatory High School
4934 S Wabash Ave
Distance between this listing and this school0.77 miles
Public District Grades 9-12
3
/10
Perspectives Charter - Iit Campus
3663 S Wabash Ave
Distance between this listing and this school0.84 miles
The majority of Chicago, IL residents have income $200k+ annually. Most families are single, no kids. Typical level of education for residents in this area is no high school.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4317 S State St
What is the listing price of this property?
The listing price of 4317 S State St property is $900,000.
What type of property is this?
The property 4317 S State St is land located in Chicago, Illinois, 60609.
Is this property for sale now?
Active Listing: 4317 S State St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $757 (source: MLS/based on county public records data).
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This home is located at 4317 S State St in Chicago, IL and zip code 60609 in the South Side neighborhood. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $900,000.
Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
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