Bronzeville Redevelopment
For Sale
$1,900,000
4052 South Wabash Avenue, Chicago, IL 60653
Former school campus with redevelopment potential in historic Bronzeville.
Property Size39,590 SF
Price / SF$47.99
Days on Market272
Property Features for 4052 South Wabash Avenue
General Information
Standard status
Active
Size
39,590 SF
Property subtype
Special Purpose
Building Details
Building Size
39,590 SF
Listing Agency:
SVN | Chicago Commercial
(630) 640-1001
Listed By:
Paul Cawthon · License #475130924
(630) 640-1001
Source:
Svnchicago
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 20 at 4:35AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
Explore this area
Business Placement
Demographics for 60653, IL
33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
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Frequently Asked Questions
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.
