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Commercial Land With Existing Building
New
For Sale
$400,000

4727 S Wabash Avenue, Chicago, IL 60615

COMMERCIAL - Chicago, IL

Property SizeContact for details
Lot Size0.19 Acres
Days on Market3

Property Features for 4727 S Wabash Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions I-90/94 to 47th St exit. East on 47th to Wabash Ave. South on Wabash to 4727 S Wabash (west side of street)
Subdivision CHI - Grand Boulevard
Standard status Active
APN 20101010060000
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2023

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1930
Floors in Building 1
Listing Agency: MoHall Commercial & Urban Development
Listed By: Moses Hall · License #471019687
Added: Aug 7 Last Checked: Aug 9 at 9:06PM
MLS# 12727398

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.

Investment Insights

Based on property information with market context.

This commercial land offering includes a vacant masonry building constructed in 1930. The approximately 6,135-square-foot structure occupies an approximately 8,270-square-foot parcel and contains open gathering areas, classrooms, offices, and notable ceiling height. Its existing construction and adaptable interior may support preservation, modernization, or redevelopment plans. Window unit cooling is installed.

Located at 4727 S. Wabash Avenue in Chicago, the property is near the CTA Green Line 47th Street Station and within proximity to the CTA Red Line. Regional connections include Interstate 90/94, Lake Shore Drive, State Street, King Drive, and 47th Street. The site is also near Bronzeville Lakefront, 43 Green Transit-Oriented Development, McCormick Place, Hyde Park, the Illinois Medical District, and the lakefront. The property is within a federally designated Opportunity Zone and near TIF districts and neighborhood revitalization initiatives.

Key Highlights

  • Approximately 8,270‑square‑foot commercial land parcel
  • Approximately 6,135‑square‑foot vacant masonry building
  • 1930 construction with open gathering areas, classrooms, and offices

Property Analytics

Current Use

Clement of Alexandria Theological ... Church consuming fire kingdom ... Church Bountiful Life Church Church

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Acupuncture Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,493
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant masonry improvements offer a flexible platform for adaptive reuse or commercial redevelopment.
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‑foot commercial land parcel; Approximately 6,135‑square‑foot vacant masonry building; 1930 construction with open gathering areas, classrooms, and offices
More about this property
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