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.
Property Details
Price:
$599,900
MLS #:
MRD12724355
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chidouglas
Listed Date:
Aug 4, 2026
See this Listing
Schools
School District:
299
Interior
Exterior
Financial
Tax Year
2025
Taxes
$9,742
Map
Community
- Address3739 S State Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60609
Market Summary
Property Summary
- 3739 S State Street Chicago IL is a Land for sale in Chicago, IL, 60609. It is listed for $599,900 and features 0 acres.
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Copyright 2026. All rights reserved.
3739 S State Street
Chicago, IL

