Commercial Land with Existing
4727 S Wabash Avenue, Chicago, IL 60615
For Sale
$400,000
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.19 Acres
Days on Market94
Property Features for 4727 S Wabash Avenue
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Listing Agency:
MoHall Commercial & Urban Development
Listed By:
Moses Hall · License #471019687
(312) 826-9925
Added: Aug 7
Changed: Oct 10
Last Checked: Nov 8 at 12:06PM
MLS# 12727389
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This vacant commercial land offering includes approximately 8,270 square feet of land and an approximately 6,135-square-foot masonry building constructed in 1930. The existing improvement contains expansive gathering areas, multiple classrooms, offices, high ceilings, and architectural character, with window unit cooling. Its layout can support preservation and modernization of the current structure or a broader redevelopment plan.
The property is located at 4727 S. Wabash Avenue in Chicago, near the CTA Green Line 47th Street Station and within proximity to the CTA Red Line. Access to Interstate 90/94, Lake Shore Drive, State Street, King Drive, and 47th Street connects the site with Downtown Chicago, the Loop, Hyde Park, the Illinois Medical District, McCormick Place, and the lakefront. Nearby Bronzeville Lakefront redevelopment, 43 Green Transit-Oriented Development, and Invest South/West initiatives add substantial surrounding development context.
The property is located at 4727 S. Wabash Avenue in Chicago, near the CTA Green Line 47th Street Station and within proximity to the CTA Red Line. Access to Interstate 90/94, Lake Shore Drive, State Street, King Drive, and 47th Street connects the site with Downtown Chicago, the Loop, Hyde Park, the Illinois Medical District, McCormick Place, and the lakefront. Nearby Bronzeville Lakefront redevelopment, 43 Green Transit-Oriented Development, and Invest South/West initiatives add substantial surrounding development context.
Key Highlights
- Approximately 8,270 square feet of land
- Approximately 6,135‑square‑foot masonry building
- Vacant building constructed in 1930
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Location Intelligence
Trade Area within ½ mile
1,493
Businesses Nearby
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Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant masonry improvements provide open gathering areas, classrooms, offices, and architectural character for redevelopment or adaptive reuse.
Where is this commercial land located?
The property is located at 4727 S Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Approximately 8,270 square feet of land; Approximately 6,135‑square‑foot masonry building; Vacant building constructed in 1930
