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1701 S State St

0.29 Acres of Commercial Land Offered at £1,777,522 in Chicago, IL 60616

Executive Summary

Currently leased to State Street Hand Car Wash, which is a car wash and detailing services. Positioned amidst a dense commercial area, this property is in close proximity to The Loop, Michigan Avenue shops and restaurants, Jewel-Osco, Whole Foods, Target and Trader Joe’s. Landmarks such as Grant Park, Soldier Field, The Art Institute of Chicago, several schools and museums are nearby. Easy accessibility to the CTA Red, Orange and Green lines and the Kennedy, Edens/Dan Ryan and Eisenhower expressways. The site can be redeveloped in conjunction with 1640 S. State Street to develop substantial residential. The South Loop neighborhood of Chicago is an excellent location for businesses due to its proximity to the lake and downtown and easy access to public transportation. The neighborhood is a mix of historic buildings and newer developments, attracting a wide variety of bars, restaurants and boutiques.

Property Facts

Price £1,777,522
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.29 AC

1 Lot Available

Lot

Price £1,777,522
Price Per AC £6,053,881
Lot Size 0.29 AC

A single-story building situated on a 11,569 square foot site at the corner of 17th and State Streets in Chicago’s South Loop neighborhood

Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (83)
Bike Score ®
Biker's Paradise (91)
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.®
  • Listing ID: 28288134

  • Date on Market: 21/04/2023

  • Last Updated:

  • Address: 1701 S State St, Chicago, IL 60616

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