Former Public School
For Sale
Contact for pricing
Pending
4421 S State St, Chicago, IL 60609
Two-story former Chicago Public School on 2.76 acres, offered at auction with multiple reserve options.
Property Size54,000 SF
Lot Size2.76 Acres
Days on Market144
Property Features for 4421 S State St
General Information
Standard status
Pending
Size
54,000 SF
Lot size
2.76 Acres
Property subtype
Retail, Hospitality, Mixed Use, Land, Multifamily, Special Purpose, Senior Living
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Stories
2
Listing Agency:
Diliberto Real Estate
Listed By:
Frank Diliberto · License #IL 471017145
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 8:03PM
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 Diliberto Real Estate
Investment Insights
Based on property information with market context.
Available for auction is a two-story former Chicago Public School building totaling approximately 54,000 SF, situated on about 2.76 acres. The offering includes land on both the State St and Wabash sides, with reserve structures allowing the building plus the State St-side land to be bid separately from the back half of the Wabash-side land, as outlined in the attached reserve breakdown. Prospective bidders should review the auction terms included with the listing materials.
The property is described as being conveniently located to major thoroughfares and highways, with the remarks noting it is less than 6 miles from Downtown Chicago and roughly a 10-minute drive via I-90E/I-94E.
The seller’s remarks indicate the property has been considered for a range of repurposing options, including medical, daycare, QSR, hotel, community center, and retail use. The auction is structured so that the highest bidder over the specified reserves will win the corresponding portion of the offering.
The property is described as being conveniently located to major thoroughfares and highways, with the remarks noting it is less than 6 miles from Downtown Chicago and roughly a 10-minute drive via I-90E/I-94E.
The seller’s remarks indicate the property has been considered for a range of repurposing options, including medical, daycare, QSR, hotel, community center, and retail use. The auction is structured so that the highest bidder over the specified reserves will win the corresponding portion of the offering.
Key Highlights
- 2‑story former Chicago Public School totaling 54,000 SF+/-
- Set on 2.76+/- acres with land on both the State St and Wabash sides
- Reserve pricing: $810,000 for the 54,000 SF building plus land on the State St side
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,022
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Two-story former Chicago Public School on 2.76 acres, offered at auction with multiple reserve options.
Where is this school located?
The property is located at 4421 S State St Chicago, IL.
What are key features of this property?
This property features: 2‑story former Chicago Public School totaling 54,000 SF+/-; Set on 2.76+/- acres with land on both the State St and Wabash sides; Reserve pricing: $810,000 for the 54,000 SF building plus land on the State St side
