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4727 S Wabash Avenue Chicago, IL 60615

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For Sale
Under Contract
$400,000

COMMERCIAL - Chicago, IL

Type:Office
Property size:
6,135 SF
Lot size:
0.19 Acres
Added:
Nov 5, 2025
Days on Market:
157
Last Refresh:
Apr 11 at 4:06 am

Property Features for 4727 S Wabash Avenue

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
COMMR
Standard status
Active Under Contract
APN
20101010060000
Size
6,135 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2023

Utilities

Cooling system
Central Air

Building Details

Year built
1930
Floors in Building
1

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Listing Contact
Moses Hall
Moses Hall

Listing agent Moses Hall License #471019687

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

Listing date Nov 5, 2025

MLS# 12511505

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.


Overview

Redevelopment Site in Bronzeville

Located in Chicago's Bronzeville/Grand Boulevard district, 4727 S Wabash Avenue is a redevelopment site featuring a single-story masonry building of approximately 6,135 square feet on an approximately 8,270 square foot lot. The building was constructed as a church, featuring a pitched roof facade and solid masonry shell that opens into a sanctuary with high ceilings. The property will be delivered vacant, offering developers a blank canvas for redesign. The parcel is zoned RT4 (Residential Two-Flat, Townhouse, and Multi-Unit), permitting low-density multi-unit developments. This zoning allows for converting the former church into loft residences or constructing new townhouses or a small apartment building. Institutional and community uses are also possible through special-use approval. The site is located within a Federal Opportunity Zone and is eligible for the Neighborhood Opportunity Fund. It is also near the 47th/King Drive TIF district. The property is blocks from the CTA Green Line 47th station and within a half-mile of the CTA Red Line 47th station, placing downtown Chicago and the Loop minutes away by train. Major bus routes on 47th Street, King Drive, and State Street supplement rail service, while the Dan Ryan Expressway (I-90/94) and Lake Shore Drive are nearby. The Grand Boulevard area's population increased between 2010 and 2020. New retail and grocery options have opened on nearby streets, and the City's Invest South/West initiative is re-energizing commercial corridors along 43rd and 47th Streets. The generous lot and adaptable interior allow for a wide range of uses, from loft apartments or townhomes to a community arts center or educational facility.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

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

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6239614
Latitude
41.8084354

FAQs

What type of property is this?
Commercial land - Unique redevelopment site in Chicago's revitalized Bronzeville/Grand Boulevard district.
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: Located in a Federal Opportunity Zone, offering potential capital gains tax benefits.; Eligible for the Neighborhood Opportunity Fund and near the 47th/King Drive TIF district, providing access to city grants and financing.; Excellent transit access with CTA Green and Red Line stations nearby, along with major bus routes and easy access to the Dan Ryan Expressway/Lake Shore Drive.
More about this property
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