3739 S State Street, Chicago, IL 60609

Property Description

Unlock an unparalleled investment opportunity in the heart of Chicago's vibrant Douglas neighborhood, a gem nestled within the esteemed South Loop district. This expansive 16,140 square foot lot boasts an impressive 132 ft of frontage on State Street and coveted C1-3 zoning, setting the stage for visionary development endeavors. Strategically situated across from a picturesque park adorned with baseball diamonds and offering sweeping views of the White Sox stadium, this prime parcel presents a blank canvas for astute investors seeking substantial returns. With the potential to erect up to four commercial mixed-use buildings, the prospects for valuation growth are simply extraordinary, projecting a potential increase in value to approximately $4.8 million post-development, mirroring the success of the highest sold multi-unit comparable at 3655 S. Indiana. The allure of this location is further accentuated by its strategic proximity to Interstate 90/94, the imminent arrival of Pete's Fresh Market, and the burgeoning wave of new construction residential units slated for the immediate vicinity. This prime land represents a rare convergence of strategic positioning, untapped potential, and robust investment prospects, making it an unmissable gem in Chicago's dynamic real estate landscape.

Listing Status:

Active

Data Last Updated:

October 10, 2026 at 6:19PM

Listing Office:

City Suburban Real Estate of IL, Inc. : 708-351-8881

Listing Agent:

Gerese Tadros : 708-351-8881

MLS ID:

12724355

Exterior

• Parking: Parking spaces: 0

Location

• Road/Access: ConcreteGravelCity Street
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: COMMR17343200010000
• Current Use: Agricultural

Utilities

• Utilities: Electric to SiteNatural Gas AvailableSewer ConnectedWater Available

Financial

• Source: mred
• Ownership: Fee Simple