Bronzeville Redevelopment
4052 South Wabash Avenue, Chicago, IL 60653
Former school campus with redevelopment potential in historic Bronzeville.
Type:Special Purpose
Property size:
39,590 SFPrice / SF:
$47/SF- Added:
- Nov 21, 2025
- Days on Market:
- 181
- Last Refresh:
- Apr 6 at 12:38 am
Property Features for 4052 South Wabash Avenue
General Information
- Standard status
- Active
- Size
- 39,590 SF
- Property subtype
- Special Purpose
Listing agent Paul Cawthon License #IL 475130924 (312) 676-1878
Listing office SVN | Chicago - Corporate (312) 676-1878
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 - Corporate
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.
- Existing structures total nearly 40,000 square feet, ideal for adaptive reuse (charter school, office, residential).
- Easy access to I‑90/94 expressway and 0.3 miles to CTA Green Line station.
- Surrounded by new construction and renovations, indicating strong investment in the area.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Title I Program
Title Company
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6251
- Latitude
- 41.8203
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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.
