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719 S State Street, Chicago, IL 60605
$1,050,000
719 S State Street, Chicago, IL 60605View this property at 719 S State Street, Chicago, IL 60605
719 S State StreetChicagoIL60605
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Property Description
Potential Prime Location! Bring your ideas! Currently on the site is a historic 4-story building originally built in 1888 and renovated in 1950 with the potential to be restored into a vibrant income producing residential or commercial building. Each upper floor has a fully fixtured bathroom and kitchen providing the basic infrastructure for live/work lofts. Blocks away from the Lake! One block off Michigan Ave. DX-12 zoned site located across from Jones College Preparatory High School, Amazing Loop location. The location has an abundance of commercial and residential developments close by, including dormitories for Roosevelt University, Columbia College and the School of the Art Institute. Site currently has Nail Salon in business and 4th floor is occupied by Chicago Freedom School. Office spaces or art studio space available on both 2nd and 3rd floor. The subject property site measures 40 feet by 138 feet deep. The property backs up to the CTA rapid transit system which provides lots of public transportation options, including bus service. Two blocks to the north is the Ida B. Wells Drive with direct access to Lake Shore Drive going east and to the west, the Jane Byrne Interchange servicing the Kennedy (I-90), Eisenhower (I-290) and Dan Ryan (I-90) expressway system. Steps away from Grant Park, Merle Reskin Theatre, Restaurants & Hotels
Full Property Details
Full Property Details for 719 S State St
General
- Sold For: $1,050,000
- Taxes: $110,544 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 12015652
- Added to Site: 62 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Loop
- County: Cook
- Driving Directions: 2 Blocks N from Ida B Wells Drive
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 4
- # of Stores: 2
- Year Built: 1875
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,520
- Lot Dimensions: 40 x 137
Financial Considerations
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1875
- Tax Amount: $110,544
- Tax Year: 2022
Disclosures and Reports
- Property ID: 17153020050000
Listed by NXT Realty, LLC
Sold by Rexson Realty
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Schools
Schools serving 719 S State St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1212 S Plymouth Ct, Chicago, IL 60605 | PK-8 | 0.4 mi | |
244 E Pershing Rd, Chicago, IL 60653 | 9-12 | 3.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 719 S State St
Date
Details
Price
Change
Source
5/17/2024
Sold
$1,050,000
-40%
MLS
4/01/2024
Listed
$1,749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
719 S State Street, Chicago, IL 60605 (MLS# 12015652) is a Commercial property that was sold at $1,050,000 on May 17, 2024. Want to learn more about 719 S State Street? Do you have questions about finding other Commercial real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.