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.
Based on information submitted to the MLS GRID as of 11/18/2024 03:19 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
