3739 S State St

Chicago, IL 60609
  • $599,900

    Price
  • 0.41

    Acre

About the Listing 24649 - 249145

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.

Listing Highlights for 3739 S State St

Status Active
Days on Site 72
Property Type Vacant Land
MLS ® 12724355
Year Built
Lot/Acreage 0.41
County Cook
School District 299

Interior Details

  • Appliances:
  • Air Cond:
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  • Floor:
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  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 132x122
  • Zoning: COMMR
  • Roof:
  • Others:
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Financial Details

  • Tax Amount: $9,742
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 17343200010000
  • Tax Year: 2025

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3739 S State St Chicago, IL 60609

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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