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Bronzeville Redevelopment Opportunity

4052 South Wabash Avenue Chicago, IL 60653

4052 South Wabash Avenue, Chicago, IL, 60653
$1,900,000
For Sale
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$1,900,000

Former school campus with redevelopment potential in historic Bronzeville.

Property Size39,590 SF
Price / SF$47.99
AddedNov 21, 2025
Days on Market236
Last RefreshMay 10 at 8:06 pm

Property Features for 4052 South Wabash Avenue

General Information

Standard status
Active
Size
39,590 SF
Property subtype
Special Purpose

Listing office SVN | Chicago Commercial

Listing date Nov 21, 2025

Source Svnchicago

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

All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Title I Program Title Company

Suggested Use

Law Firm HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Bakery Auto Parts Store Skin Care Clinic Pet Grooming Service Carpet & Flooring Store Florist

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

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 Avenue 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.
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