Vacant Retail Redevelopment Property

4727 S Wabash Avenue Chicago, IL 60615

Claim this Listing
New
For Sale
Under Contract
$400,000

COMMERCIAL - Chicago, IL

Type:Retail
Property size:
6,135 SF
Lot size:
0.19 Acres
Price / SF:
$65/SF
Added:
Jul 11, 2026
Days on Market:
2
Last Refresh:
Jul 12 at 12:06 am

Property Features for 4727 S Wabash Avenue

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Standard status
Active Under Contract
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 agent Moses Hall License #471019687

Listing office MoHall Commercial & Urban Development 350 N. Orleans St. #9000N, Chicago, IL

Listing date Jul 11, 2026

MLS# 12702212

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.

4727 S Wabash Avenue is a vacant commercially zoned redevelopment property improved with a masonry building. The site is approximately 8,270 square feet of land and includes an approximately 6,135-square-foot existing structure. Inside, the building offers soaring ceiling heights, expansive open gathering areas, and a flexible arrangement that includes multiple classrooms and offices.

The property is zoned COMMR and specifically identified as a C1-1 Neighborhood Commercial District, with permitted uses listed in the remarks that include professional and medical offices, retail establishments, restaurants and cafes, educational and training facilities, childcare centers, fitness and wellness studios, religious institutions, personal service businesses, creative office space, and other neighborhood-serving commercial uses. Access is supported by proximity to CTA transit, including the CTA Green Line 47th Street Station “just blocks” away, along with close proximity to the CTA Red Line.

The listing also notes the property’s location within a federally designated Opportunity Zone and highlights major regional corridors including Interstate 90/94 (Dan Ryan Expressway), Lake Shore Drive, State Street, King Drive, and 47th Street.

Key Highlights

  • Commercially zoned C1‑1 Neighborhood Commercial District with permitted uses for offices, retail, restaurants, schools, childcare, fitness/wellness, religious uses and more
  • Vacant 6,135 SF masonry building with durable construction and architectural character
  • Approximately 8,270 SF land size with flexible layout featuring soaring ceilings, open gathering areas, multiple classrooms and offices

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Law Firm Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Florist Butcher Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Commercially zoned vacant site with a masonry building featuring soaring ceilings and flexible interior classroom/office space.
Where is this storefront property 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: Commercially zoned C1‑1 Neighborhood Commercial District with permitted uses for offices, retail, restaurants, schools, childcare, fitness/wellness, religious uses and more; Vacant 6,135 SF masonry building with durable construction and architectural character; Approximately 8,270 SF land size with flexible layout featuring soaring ceilings, open gathering areas, multiple classrooms and offices
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