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4421 S State St, Chicago, IL, 60609
Former Public School Building

4421 S State St Chicago, IL 60609

For Sale
Contact for pricing
Pending

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 Market104

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
Listing Agency: Diliberto Real Estate
Listed By: Frank Diliberto · License #IL 471017145
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 23 at 11:46AM

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.

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

Location Intelligence

Current Use by Public Records

AMC Center Community Center Helen J McCorkle ... High School

Suggested Use

Law Firm HVAC Service Kitchen & Bath Showroom Carpet & Flooring Store Bakery Pharmacy Building Supply (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

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

FAQs

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
More about this property
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