4401 State St Chicago, IL 60609

This exceptional 3.13-acre development site, located at 4401 S State St, Chicago, IL 60609, presents a unique investment opportunity in the thriving Bronzeville neighborhood. The property encompasses 136,385 square feet and is zoned C1-2 & RT-4, allowing for diverse commercial and residential development. Its strategic location offers convenient access to public transportation, including the Red and Green Line CTA trains, as well as major roadways like Lake Shore Drive and I-90. Nearby attractions include the Illinois Institute of Technology, Guaranteed Rate Field, and Lake Michigan. The site benefits from its position within the 47th/King TIF district and Transit Oriented Development (TOD) boundaries. Additionally, the property includes a roughly 50,000 square foot former school building in shell condition. The asking price is $4,600,000. The property's Parcel Identification Numbers (PINs) are: 20-03-306-001, 20-03-306-016, 20-03-306-045, 20-03-306-046, 20-03-306-047, 20-03-306-049, 20-03-306-050, 20-03-306-051, and 20-03-306-052. This presents a remarkable chance to participate in Bronzeville's ongoing revitalization and capitalize on the area's burgeoning demand for housing and commercial spaces.