1319 State St Chicago, IL 60605

This exceptional 43,315 square foot commercial land parcel, located at 1319-47 South State Street in Chicago, Illinois (APN: 17-22-103-006, 007, 008, 009, 036, 046 and 049), presents a unique investment opportunity. Its efficient shape is ideal for dense high-rise development, and the "As-of-Right" zoning allows for flexible use, with potential for additional FAR. The property boasts a spectacular view of Chicago's skyline and benefits from its proximity to "The 78," a significant mixed-use development project. This transit-oriented location offers easy access to CTA bus and train routes, placing it within steps of Chicago's Central Business District, home to over 100 million square feet of office space. Nearby amenities include Trader Joe's, Jewel Osco, numerous restaurants (Chicago Firehouse, Flo & Santos, Eleven City Diner, and Tapas Valencia), the Museum Campus, Soldier Field, and Lake Michigan. This large urban footprint offers significant potential for a developer seeking a prime location in a thriving area of Chicago. The property's current use as a mixed-use building (56,000+ SF) housing office space, daycare, classrooms, and a large auditorium, demonstrates its versatility and adaptability.