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719 S State Street, Chicago, IL 60605
$1,749,900 Sale Pending
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
- Price: $1,749,900
- Taxes: $110,554 (2022)
- Status: Pending
- Type: Lots/Land
- MLS ID: 12018207
- Updated: 4/26/2024
- Added to Site: 31 day(s) ago
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Location
- Area: CHI - Loop
- County: Cook
- Township: South Chicago
- Driving Directions: From the Jane Byrne Interchange, travel east on Ida B. Wells Drive to State Street and turn south to the south 700 Block. The property is on the east side of the street.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Onsite: Electricity to Site, Municipal Water
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 5,480
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40' x 137'
- Frontage: City Street
- Frontage Feet: 40
- Street/Road Desc.: Asphalt
- Zoning: COMMR
Financial Considerations
- Tax Amount: $110,554.2
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 17153020050000
Listed by NXT Realty, LLC
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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
4/01/2024
Listed
$1,749,900
-53.34%
MLS
12/09/2005
Sold
$3,750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 719 S State St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$110,554
-21%
$537,500
-23%
2021
$139,970
74%
$696,055
93%
2020
$80,391
9%
$360,872
-1%
2019
$73,453
14%
$365,595
12%
2018
$64,667
-14%
$327,373
-6%
2017
$74,972
33%
$348,269
23%
2016
$56,517
12%
$282,180
2%
2015
$50,581
-17%
$276,028
-16%
2014
$61,237
2%
$330,050
—
2013
$60,028
1%
$330,050
—
2012
$59,226
—
$330,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 719 S State St
719 S State Street, Chicago, IL 60605 (MLS# 12018207) is a Lots/Land property with a lot size of acres. 719 S State Street is currently listed for $1,749,900 and was received on April 01, 2024. Want to learn more about 719 S State Street? Do you have questions about finding other Lots/Land 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.