7627 S State St Chicago, IL 60619
For Sale
1 / 4
This property is available for sale, ground lease, or build to suit. Large vacant parcel consisting of 4 contiguous lots with a total area of 33,000 s.f. There is 200' of frontage on State St. right at the northbound I-94 exit. This parcel is directly adjacent to the I-Expressway, with over 250,000 vehicles passing daily in both north and south direction. This location is also just a few blocks from the "Red Line" light rail train which runs from S. 95th St., through downtown Chicago to Howard St. (7600 north) Immediate neighbors to the north of this parcel are a Citgo gas station, a BP gas station, and a Walgreens. Just south is a Nappa Car Wash. This parcel is also only a few short blocks from the thriving commercial strip on 75th St. in Chatham, where you will find such popular mainstays as A&S Beverages, Brown Sugar Bakery, Lem's BBQ, Soul Food Kitchen, etc.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.