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
Price:
$599,900
MLS #:
MRD12724356
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chigrandboulevard
Listed Date:
Aug 4, 2026
Schools
School District:
299
Interior
Exterior
Financial
Tax Year
2025
Taxes
$16,631
Contact Us
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Mike Gonet was born, raised, and raised his family in the Putnam County Area. He has successfully run a family-owned real estate business for over 40 years with Gonet Real Estate & Land Co. He has extensive experience (and thoroughly enjoys) selling vacant land, farm ground, and commercial properties. When Mike has free time, he enjoys spending it with his 4 adult children and many grandkids by watching baseball and college basketball and playing golf. His experience and expertise in real estat…
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Copyright 2026. All rights reserved.
4317-27 S State Street
Chicago, IL


