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Commercial Land with Existing Building
For Sale
$400,000

4727 S Wabash Avenue, Chicago, IL 60615

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.19 Acres
Days on Market21

Property Features for 4727 S Wabash Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions I-90/94 to 47th St exit. East on 47th to Wabash Ave. South on Wabash to 4727 S Wabash (west side of street)
Subdivision CHI - Grand Boulevard
Standard status Active
APN 20101010060000
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2023

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1930
Floors in Building 1
Listing Agency: MoHall Commercial & Urban Development
Listed By: Moses Hall · License #471019687
Added: Aug 7 Changed: Aug 20 Last Checked: Aug 27 at 11:06PM
MLS# 12727389

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant commercial land offering includes approximately 8,270 square feet of land and an approximately 6,135-square-foot masonry building constructed in 1930. The existing improvement contains expansive gathering areas, multiple classrooms, offices, high ceilings, and architectural character, with window unit cooling. Its layout can support preservation and modernization of the current structure or a broader redevelopment plan.

The property is located at 4727 S. Wabash Avenue in Chicago, near the CTA Green Line 47th Street Station and within proximity to the CTA Red Line. Access to Interstate 90/94, Lake Shore Drive, State Street, King Drive, and 47th Street connects the site with Downtown Chicago, the Loop, Hyde Park, the Illinois Medical District, McCormick Place, and the lakefront. Nearby Bronzeville Lakefront redevelopment, 43 Green Transit-Oriented Development, and Invest South/West initiatives add substantial surrounding development context.

Key Highlights

  • Approximately 8,270 square feet of land
  • Approximately 6,135‑square‑foot masonry building
  • Vacant building constructed in 1930

Property Analytics

Current Use

Clement of Alexandria Theological ... Church consuming fire kingdom ... Church Bountiful Life Church Church

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Acupuncture Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,493
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant masonry improvements provide open gathering areas, classrooms, offices, and architectural character for redevelopment or adaptive reuse.
Where is this commercial land located?
The property is located at 4727 S Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Approximately 8,270 square feet of land; Approximately 6,135‑square‑foot masonry building; Vacant building constructed in 1930
More about this property
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