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7627 S State St - State Street Land

0.75 Acres of Commercial Land Offered at $999,000 in Chicago, IL 60619

Investment Highlights

  • This parcel is directly adjacent to the I-Expressway, with over 250,000 vehicles passing daily in both north and south direction. There is 200' of f

Executive Summary

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.

Property Facts

Price $999,000
Sale Type Investment
Sale Conditions
Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.75 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $999,000
Price Per AC $1,332,000
Lot Size 0.75 AC

Commercially zoned 33,000 s.f. parcel with 200' of frontage on State St.

Walk Score ®
Very Walkable (73)
Transit Score ®
Excellent Transit (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-27-306-003-0000
  • 20-27-306-004-0000
  • 20-27-306-005-0000
  • 20-27-306-006-0000
Land Assessment
$32,200
Improvements Assessment
$0
Total Assessment
$32,200

zoning

Zoning Code B3-3 (Community Shopping District)
B3-3 (Community Shopping District)
  • Listing ID: 27768917

  • Date on Market: 2/16/2023

  • Last Updated:

  • Address: 7627 S State St, Chicago, IL 60619

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