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Commercial Corner Lot

5101 S State Street, Chicago, IL 60609

For Sale
$125,000

Vacant commercial parcel at a signal intersection, with C1-2 zoning and access to nearby expressways and public transportation.

Property SizeContact for details
Days on Market105

Property Features for 5101 S State Street

General Information

Standard status Active
Property subtype LAND

Site & Location

Neighborhood Near South Side

Taxes and HOA fees

Annual Taxes $3,380
Listing Agency: Fulton Grace Realty
Listed By: Brian Huffman
Source: Themovagroup
Added: Jul 28 Changed: Nov 8 Last Checked: Nov 8 at 8:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fulton Grace Realty

Rey
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Investment Insights

Based on property information with market context.

This vacant commercial parcel occupies the southeast corner of State Street and 51st Street in Chicago. The irregularly shaped lot contains 11,178 square feet, with 44 feet of frontage on State Street. Its listed boundaries measure 44 feet along State Street, 162 feet along 51st Street, followed by segments of 89, 90, 45 and 72 feet. The property is zoned C1-2.

I-90 and I-94 expressways and public transportation are nearby. Washington Park and the University of Chicago Hospital and campus are approximately 1.5 miles east.

Key Highlights

  • 11,178‑square‑foot vacant commercial parcel
  • 44 feet of frontage on State Street
  • Southeast corner of State Street and 51st Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,077
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Chicago

Jul
Aug
Sep
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant commercial parcel at a signal intersection, with C1-2 zoning and access to nearby expressways and public transportation.
Where is this commercial land located?
The property is located at 5101 S State Street Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 11,178‑square‑foot vacant commercial parcel; 44 feet of frontage on State Street; Southeast corner of State Street and 51st Street
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