Description
This 4,186 sq. ft. lot located at 4333 S State St in Chicago's historic Bronzeville neighborhood is a prime investment opportunity. Situated in a bustling area of new development, the lot is zoned for commercial use with the potential to build three or four residential units above. With a rich cultural heritage and close proximity to vibrant retail, dining, and transit options, Bronzeville is a neighborhood undergoing rapid revitalization. The C1-2 zoning allows for a variety of commercial businesses, including liquor stores and auto shops, with apartments permitted on upper floors. Within a mile, new 3-unit properties are selling for over $1M, and condos are reaching up to $500K. This is an excellent opportunity to build a commercial space with upscale residential units above, offering strong potential returns in one of Chicago's most exciting and growing neighborhoods.
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Description
This 4,186 sq. ft. lot located at 4333 S State St in Chicago's historic Bronzeville neighborhood is a prime investment opportunity. Situated in a bustling area of new development, the lot is zoned for commercial use with the potential to build three or four residential units above. With a rich cultural heritage and close proximity to vibrant retail, dining, and transit options, Bronzeville is a neighborhood undergoing rapid revitalization. The C1-2 zoning allows for a variety of commercial businesses, including liquor stores and auto shops, with apartments permitted on upper floors. Within a mile, new 3-unit properties are selling for over $1M, and condos are reaching up to $500K. This is an excellent opportunity to build a commercial space with upscale residential units above, offering strong potential returns in one of Chicago's most exciting and growing neighborhoods.
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