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    1819 S State St Chicago, IL 60616

    Sponsored
    For Sale
    $1,150,000

    COMMERCIAL - Chicago, IL

    Type:Retail
    Lot size:
    0.21 Acres
    Days on Market:
    105
    Last Refresh:
    Jan 6 at 2:06 pm

    Property Features for 1819 S State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    17223050090000
    Lot size
    0.21 Acres

    Building Details

    Year built
    1912
    Floors in Building
    1

    Ascot Realty Group Inc. (312) 320-0808 [email protected]

    Listing agent Denis Ascot (312) 203-0049

    Listing date Sep 24, 2025

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Chicago Commercial Land Available

    This commercial land is located in Chicago, Illinois, near Wintrust Arena and McCormick Place, and adjacent to China Town. The property features a 9,316 square foot one-story brick building situated on an 80 x 116.48 foot lot, which is approximately 0.21 acres. The building has a bow trust roof structure and offers 80 feet of frontage on State Street. The zoning is DX-5, suitable for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.626795
    Latitude
    41.8571365

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    FAQs

    What type of property is this?
    Commercial land - Commercial land near Wintrust Arena and McCormick Place.
    Where is this commercial land located?
    The property is located at 1819 S State St Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime location near Wintrust Arena, McCormick Place, and Chinatown.; - Development potential due to DX-5 zoning.; - Substantial 9,316 SF one-story brick building.
    (312) 203-0049
    Request Owner's contact information
    1819 S State St Chicago, IL 60616
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    Chicago, IL 60616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1819 S State St Chicago, IL 60616
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