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4052 South Wabash Ave Chicago, IL 60653

For Sale
$1,900,000

Former school campus with redevelopment potential in historic Bronzeville.

Property size:
39,590 SF

Property Features for 4052 South Wabash Ave

General Information

Size
39,590 SF

Source: Paul Cawthon Agent Paul Cawthon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Bronzeville Redevelopment Opportunity

Located in the heart of Chicago’s historic Bronzeville neighborhood, the former St. Elizabeth School campus at 4052 S Wabash Avenue offers a redevelopment opportunity. The main school building provides approximately 29,500 square feet, including a full garden level, complemented by a 10,050-square-foot annex housing a gymnasium and two floors of classrooms. A large vacant lot located directly behind the school at 4051 S State Street, spanning approximately 19,934 SF, is also included. The combined site offers a potential for affordable housing, mixed-use redevelopment, or expansion of educational facilities. The property is ideal for a wide range of adaptive reuse options, including a charter school, creative office space, or conversion into residential units. The property is in need of full renovation and is being sold as-is. The site is located within a designated Transit Oriented Development (TOD) zone. The property is just steps from the CTA Green Line station at Indiana Avenue and has easy access to the I-90/94 expressway. The surrounding area is rich in cultural heritage and continues to experience significant investment, with a growing number of residential and mixed-use developments, parks, and community resources contributing to its ongoing revitalization.
Location Intelligence

Current Use by Public Records

Title I Program Title Company

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6250856
Latitude
41.8202749

FAQs

What type of property is this?
School - Former school campus with redevelopment potential in historic Bronzeville.
Where is this school located?
The property is located at 4052 South Wabash Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: - Prime Bronzeville location with strong neighborhood identity and ongoing revitalization.; - Includes a large 19,934 SF vacant lot ideal for parking, playground, or future development.; - Located within a Transit Oriented Development (TOD) zone, offering development incentives.
More about this property
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