There are multiple listings for this address:
$400,000
4727 S Wabash Avenue
Chicago, IL, 60615
Set within Chicago’s revitalized Bronzeville/Grand Boulevard district, 4727 S Wabash Avenue is a unique redevelopment site with a compelling story. The property spans about 8,270 square feet of land and features a singlestory masonry building of approximately 6,135 sq ft constructed as a church. Its pitchedroof facade and solid masonry shell open into a generous sanctuary with high ceilings and rows of pews-an impressive open hall that could become loftstyle living space or an auditorium. Because the property will be delivered vacant, developers have a blank canvas, and although there is no onsite parking, street parking is plentiful and the footprint lends itself to creative redesign. The parcel is zoned RT4 (Residential TwoFlat, Townhouse and MultiUnit), permitting lowdensity multiunit developments that allow roughly one dwelling unit per 1,000 sq ft of lot area. This zoning makes it feasible to convert the former church into loft residences or construct new townhouses or a small apartment building while respecting the neighborhood’s scale. Institutional and community uses remain possible through specialuse approval, giving nonprofit organizations a chance to repurpose the existing sanctuary and classrooms for programs, education or cultural arts. Beyond zoning flexibility, the site lies within a Federal Opportunity Zone, which allows investors to defer and potentially eliminate capital gains taxes. It is also eligible for the Neighborhood Opportunity Fund, a City of Chicago grant program that reimburses buildout costs in South Side commercial corridors, and it sits near the 47th/King Drive TIF district where projects can qualify for additional financing. Combined with Cook County credits for affordable housing or landmark redevelopment, these programs can dramatically reduce development costs and improve returns. Location and access are key. 4727 S Wabash is just blocks from the CTA Green Line 47th station and within a halfmile of the CTA Red Line 47th station, placing downtown Chicago and the Loop minutes away by train-ideal for a transitoriented development. Major bus routes on 47th Street, King Drive and State Street supplement rail service, while the Dan Ryan Expressway (I90/94) and Lake Shore Drive are nearby for drivers. This multimodal connectivity makes the property attractive to renters, homeowners and visitors and aligns with Chicago’s push for walkable, transitlinked neighborhoods. Bronzeville is in the midst of a renaissance, and this listing puts you at the center of it. The Grand Boulevard area’s population increased between 2010 and 2020, signaling renewed interest in its historic blocks and beautiful housing stock. Major projects are elevating the neighborhood, including the Bronzeville Lakefront redevelopment, which its developers describe as a “global hub for innovation and wellness”-and 43 Green, a mixedincome transitoriented development whose apartments leased faster than expected. New retail and grocery options have opened on nearby streets, while the City’s Invest South/West initiative is reenergizing commercial corridors along 43rd and 47th Streets. All of this momentum is being shepherded by Alderman Pat Dowell, who is credited with helping to spark Bronzeville’s rebirth and remains a strong advocate for balanced growth. For developers and mission driven organizations, 4727 S Wabash Avenue offers a generous lot and adaptable interior allow for a wide range of uses, from loft apartments or townhomes to a community arts center or educational facility. If you are seeking a Chicago investment opportunity, a church conversion for sale, or a chance to build within a redevelopment site in Bronzeville, this listing combines the historic character and zoning possibilities that can turn vision into value.
Property Details
Price:
$400,000
MLS #:
MRD12480687
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chigrandboulevard
Listed Date:
Sep 25, 2025
Total Sq Ft:
6,135
Year Built:
1930
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2023
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Oct 06, 2025
1,114
Commercial Listed
163
Avg DOM
155
Avg $ / SqFt
$1,033,962
Avg List Price
Community
- Address4727 S Wabash Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
Subdivisions in Chicago
- 1400 Museum Park
- 212 East
- 30 E Huron
- 5000 East End Building
- 9North Townhomes
- Acme Lofts
- Acorn Lofts
- Ada Street Lofts
- Addison Commons Condos
- Adler Place
- Admirals Pointe
- Ainslie Manor
- Aldine Court
- Ambassador House
- Americana Towers
- Anchor Lofts
- Andersonville
- Aquitania
- Arcadia Terrace
- Archer Lofts
- Armour Square
- Artesian Courts
- Ashland Towers
- Austin Village
- Avenue East
- Back of the Yards
- Bank Note Place
- Barry by the Lake
- Bartletts
- Beach Point Tower
- Beacon Lofts
- Beacon Square
- Bella Como
- Belmont Central
- Belmont Heights
- Belvedere
- Beverly Hills
- Beverly Pointe
- Beverly Woods
- Bicycle Station Lofts
- Big Oaks
- Birchtree Manor
- Birchwood Beach Condos
- Block Y
- Bloomingdales
- Bodine Building
- Bookbinders Row
- Bowmanville
- Brainerd
- Bridgeport Collection
- Bridgeport Village
- Brighton of Lincoln Park
- Bronzeville
- Bryant House
- Bryn Mawr Place
- Buckingham Residences
- Bucktown
- Budlong Woods
- Buena Park
- Burnham Park Plaza
- Camden Court
- Campus Hyde Park
- Canaryville
- Capitol Hill Lofts
- Caravel
- Catalpa Gardens
- Catalpa Terrace
- Chandelier Factory Lofts
- Chandler
- Chatham Club
- Chatham Park Place
- Chess Lofts
- Chicago Place
- Citiview Condos
- City Club
- City Towne Lofts
- Clinton Complex
- Clinton Street Lofts
- Coles
- Columbus on the Park
- Commonwealth
- Commonwealth Plaza
- Concord at City Center
- Constellation
- Cornelia by the Lake
- Cornelia Court
- Cornell Square
- Cornell Village
- Cottage Grove Heights
- Cullerton Station
- Cumberland Crossing
- Dakota Lofts
- Darien Condominium
- Dearborn Park
- Dearborn Park II
- Dearborn Tower
- Dearborn Village
- Delaware Place
- Depaul
- Dickenson House
- Domain Lofts
- Drake Tower
- Dunham Park
- Eaglebrook
- East Pilsen
- East Point Condominiums
- East Ridge Point Condos
- East Village
- Edgebrook
- Edgemoor Park Condos
- Edgewater Beach
- Edgewater Beach Apts
- Edgewater Plaza
- Edison Park Place
- Egandale Townhomes
- El Lago
- Eldson
- Elm at Clark Condos
- Elysees
- Embassy Club
- Emerson Point
- Erie on the Park
- Estes Manor Homes
- Fair Elms
- Fairbanks at Cityfront
- Faulkner House
- Fernwood
- Filmworks Lofts
- Folio Square
- Fordham
- Forest Glen
- Forest Villa
- Franklin Lofts
- Fremont Place Rowhouses
- Fulton Court
- Fulton House
- Fulton Place
- Fulton Station
- Galewood
- Gallery 400
- Gladstone Park
- Glencar Estates
- Glenlake
- Gold Coast Galleria
- Gotham Lofts
- Graceland West
- Grand Ohio
- Grand Orleans
- Grand Plaza
- Granville Beach
- Granville Terrace
- Green Street Lofts
- Gresham
- Hale Lofts
- Hamlin Park
- Hampden Green
- Hampton House
- Hanover House
- Harbor Point
- Harbor Pointe
- Harbor View
- Harper Place
- Hartland Park
- Hawthorne Place
- Heartbreak Lofts
- Heather Oaks
- Hemingway House
- Heritage at Millennium Park
- Hermitage
- Hollywood Towers
- Homan Square
- Humboltd Condos
- Imperial Towers
- Independence Park
- Indian Village
- Indian Woods
- Ingleside Comdominiums
- Irving Park Manor
- Jackson Park Highlands
- Jackson Tower
- James House
- Jazz on the Boulevard
- Jefferson Tower
- Jeffery Manor
- Joffrey Tower
- Karmatage
- Kelvyn Park
- Kilmer House
- Kinetic Lofts
- Kingsbury on the Park
- Kinzie Park
- Kinzie Park Midrise
- Kinzie Park Tower
- Kinzie Station
- Lake Meadows
- Lake Park Plaza
- Lake Point Tower
- Lake Shore Place
- Lake Terrace Condominiums
- Lakeside on the Park
- Lakeview Station
- Lakewood Balmoral
- Lancaster
- Landmark Village
- LaSalle Private Residences
- Lawndale
- Library Tower
- Lincoln Commons
- Lincoln Park Towers
- Little Village
- Lofts on West Hubbard
- Logan Square
- Lowell House
- Lunt Court Condominiums
- Malibu
- Malibu East
- Manors of Leland
- Marina City
- Marina Towers
- Marquee
- Marquette Park
- Marshfield Lofts
- Marynook
- Mayfair
- Mckinley Gardens
- Metropolis
- Metropolis Condominiums
- Metropolitan Place
- Michigan Avenue Towers
- Midway View
- Mies Van Der Rohe
- Monroe Manor
- Montclaire Gardens
- Montgomery
- Moser Lofts
- Museum Park
- Museum Park Lofts
- Museum Park Place
- Museum Park Tower
- Museum Park Tower III
- Museum Park Tower Iv
- New Eastside
- New York Condominiums
- Newberry Plaza
- Newport Condominiums
- North Beach Lofts
- North Damen Square Condos
- North Mayfair
- North Park Village
- Northwest Point
- Northwest Terrace
- Number 10 Lofts
- Oak Club Condos
- Oakfield West
- Odyssey Lofts
- Old Irving
- Old Town
- Old Town Square
- Old Town Village East
- Olympia Centre
- Olympia Lofts
- One Magnificent Mile
- One Museum Park West
- One River Place
- Ontario Place
- Ontario Place Residences
- Ontario Street Lofts
- Opera Lofts
- Orchard Park
- Palmolive Building Landmark
- Paper Place Lofts
- Paramount Lofts
- Parc Chestnut
- Park 1500 Lofts
- Park Alexandria
- Park Astor
- Park Edgewater
- Park Harbor
- Park Manor
- Park Millennium Condos
- Park Newberry
- Park Place
- Park Place Tower
- Park Tower
- Park View East
- Park West Condos
- Parkshore
- Parkshore Cooperative
- Parkview Condominiums
- Pearson on the Park
- Penthouse Lofts
- Pill Hill Valley
- Pilsen
- Plaza 32
- Plaza 440 Private Residences
- Plaza on DeWitt
- Point East Condominiums
- Pope Building Lofts
- Portage Park Condos
- Prairie Avenue Lofts
- Prairie District Homes
- Prairie House
- Prairie Pointe
- Printers Row
- Printers Row Lofts
- Printers Square
- Promenade
- Pueblo Commons
- Quadrangle Condos
- Randolph Place
- Ravenswood
- Regal Lofts
- Regatta
- Renaissance
- Renaissance Place
- Residences at River East
- Residences at Riverbend
- Ridgemoor Estates
- Ridgewood Flats
- Ritchie Tower
- River East
- River North
- River North Commons
- River Place on the Park
- River Plaza
- River Village
- River West Village Lofts
- Riverbend Condominiums
- Rivers Edge
- Riverview East
- Riverview West
- Rogers Park
- Roosevelt Square
- Roscoe Village
- Roscoe Village/Lakeview
- Rosemont Place
- Rosemoor
- Royalton
- Royalton Towers
- Sandburg Village
- Sauganash
- Sauganash Park
- Sauganash Village
- Schorsch Forestview
- Schorsch Village
- Scottsdale
- Sexton Lofts
- Shakespeare Court
- Sheffields
- Sheldon Heights
- Sheridan Park
- Sheridan Point
- Sheridan Shore Courts
- Sheridan Shores
- Shoreline Park
- Shoreline Towers
- Sierra Lofts
- Silver Tower
- Singer Lofts
- Skybridge
- Smith Park Commons
- South Commons
- South Edgebrook
- Southport Corridor
- Southshore
- Springfield Place
- St Johns Park
- St Paul Condos
- Stanford Courts
- State Place Tower
- State Tower
- Statesman
- Sterling
- Stratford Place
- Stratford South Commons
- Streeterville
- Superior 110
- Sutton Place
- The 3500 Club
- The Barry
- The Brewster
- The Bristol
- The Chandler
- The Columbian
- The Coronado
- The Edge
- The Estes North Shore
- The Flats on Monroe
- The George on Washington
- The Grant
- The Legacy at Millennium Park
- The Madison
- The Marquee
- The Montrevelle
- The New York
- The Pinnacle
- The Pointe
- The Residences at 330
- The Sexton
- The Terraces
- The Tower Residences at Prairie District Homes
- The Towers
- The Transportation Building
- The Verde
- The Waterford
- The Wellington
- The Whitney
- Thorndale Beach North
- Three Sixty West
- Tiara
- Tower Lofts
- Trevi Square
- Tri-Taylor
- Tribune Tower Residences
- Trump Tower Chicago
- Ukrainian Village
- Union Lofts
- Union Park Lofts
- Union Square Lofts
- University Commons
- University Park Condos
- University Station
- University Village
- Vanguard Lofts
- Venetian
- Verandas on Harlem
- Vinery Lofts
- Vision on State
- Vista Homes
- Wabash Flats
- Warwick
- Water Tower Residences
- Wells Street Tower
- West Beverly
- West Chesterfield
- West Loop Condominiums
- West Town
- Westgate Lofts
- Westhaven Park
- Westlawn
- Westwalker
- Wheelworks Lofts
- Wicker Park
- Wildwood
- Willow Court
- Willows
- Winchester Condominiums
- Winchester Hood Garden Homes
- Winhood
- Winston Towers
- Wolcott Village
- Wrightwood
Similar Listings Nearby
Property Summary
- 4727 S Wabash Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $400,000 To schedule a showing of MLS#mrd12480687 at 4727 S Wabash Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.

4727 S Wabash Avenue
Chicago, IL
$400,000
4727 S Wabash Avenue
Chicago, IL, 60615
Set within Chicago’s revitalized Bronzeville/Grand Boulevard district, 4727 S Wabash Avenue is a unique redevelopment site with a compelling story. The property spans about 8,270 square feet of land and features a singlestory masonry building of approximately 6,135 sq ft constructed as a church. Its pitchedroof facade and solid masonry shell open into a generous sanctuary with high ceilings and rows of pews-an impressive open hall that could become loftstyle living space or an auditorium. Because the property will be delivered vacant, developers have a blank canvas, and although there is no onsite parking, street parking is plentiful and the footprint lends itself to creative redesign. The parcel is zoned RT4 (Residential TwoFlat, Townhouse and MultiUnit), permitting lowdensity multiunit developments that allow roughly one dwelling unit per 1,000 sq ft of lot area. This zoning makes it feasible to convert the former church into loft residences or construct new townhouses or a small apartment building while respecting the neighborhood’s scale. Institutional and community uses remain possible through specialuse approval, giving nonprofit organizations a chance to repurpose the existing sanctuary and classrooms for programs, education or cultural arts. Beyond zoning flexibility, the site lies within a Federal Opportunity Zone, which allows investors to defer and potentially eliminate capital gains taxes. It is also eligible for the Neighborhood Opportunity Fund, a City of Chicago grant program that reimburses buildout costs in South Side commercial corridors, and it sits near the 47th/King Drive TIF district where projects can qualify for additional financing. Combined with Cook County credits for affordable housing or landmark redevelopment, these programs can dramatically reduce development costs and improve returns. Location and access are key. 4727 S Wabash is just blocks from the CTA Green Line 47th station and within a halfmile of the CTA Red Line 47th station, placing downtown Chicago and the Loop minutes away by train-ideal for a transitoriented development. Major bus routes on 47th Street, King Drive and State Street supplement rail service, while the Dan Ryan Expressway (I90/94) and Lake Shore Drive are nearby for drivers. This multimodal connectivity makes the property attractive to renters, homeowners and visitors and aligns with Chicago’s push for walkable, transitlinked neighborhoods. Bronzeville is in the midst of a renaissance, and this listing puts you at the center of it. The Grand Boulevard area’s population increased between 2010 and 2020, signaling renewed interest in its historic blocks and beautiful housing stock. Major projects are elevating the neighborhood, including the Bronzeville Lakefront redevelopment, which its developers describe as a “global hub for innovation and wellness”-and 43 Green, a mixedincome transitoriented development whose apartments leased faster than expected. New retail and grocery options have opened on nearby streets, while the City’s Invest South/West initiative is reenergizing commercial corridors along 43rd and 47th Streets. All of this momentum is being shepherded by Alderman Pat Dowell, who is credited with helping to spark Bronzeville’s rebirth and remains a strong advocate for balanced growth. For developers and mission driven organizations, 4727 S Wabash Avenue offers a generous lot and adaptable interior allow for a wide range of uses, from loft apartments or townhomes to a community arts center or educational facility. If you are seeking a Chicago investment opportunity, a church conversion for sale, or a chance to build within a redevelopment site in Bronzeville, this listing combines the historic character and zoning possibilities that can turn vision into value.
Property Details
Price:
$400,000
MLS #:
MRD12480772
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chigrandboulevard
Listed Date:
Sep 25, 2025
Total Sq Ft:
6,135
Year Built:
1930
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2023
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Oct 06, 2025
1,114
Commercial Listed
163
Avg DOM
155
Avg $ / SqFt
$1,033,962
Avg List Price
Community
- Address4727 S Wabash Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
Subdivisions in Chicago
- 1400 Museum Park
- 212 East
- 30 E Huron
- 5000 East End Building
- 9North Townhomes
- Acme Lofts
- Acorn Lofts
- Ada Street Lofts
- Addison Commons Condos
- Adler Place
- Admirals Pointe
- Ainslie Manor
- Aldine Court
- Ambassador House
- Americana Towers
- Anchor Lofts
- Andersonville
- Aquitania
- Arcadia Terrace
- Archer Lofts
- Armour Square
- Artesian Courts
- Ashland Towers
- Austin Village
- Avenue East
- Back of the Yards
- Bank Note Place
- Barry by the Lake
- Bartletts
- Beach Point Tower
- Beacon Lofts
- Beacon Square
- Bella Como
- Belmont Central
- Belmont Heights
- Belvedere
- Beverly Hills
- Beverly Pointe
- Beverly Woods
- Bicycle Station Lofts
- Big Oaks
- Birchtree Manor
- Birchwood Beach Condos
- Block Y
- Bloomingdales
- Bodine Building
- Bookbinders Row
- Bowmanville
- Brainerd
- Bridgeport Collection
- Bridgeport Village
- Brighton of Lincoln Park
- Bronzeville
- Bryant House
- Bryn Mawr Place
- Buckingham Residences
- Bucktown
- Budlong Woods
- Buena Park
- Burnham Park Plaza
- Camden Court
- Campus Hyde Park
- Canaryville
- Capitol Hill Lofts
- Caravel
- Catalpa Gardens
- Catalpa Terrace
- Chandelier Factory Lofts
- Chandler
- Chatham Club
- Chatham Park Place
- Chess Lofts
- Chicago Place
- Citiview Condos
- City Club
- City Towne Lofts
- Clinton Complex
- Clinton Street Lofts
- Coles
- Columbus on the Park
- Commonwealth
- Commonwealth Plaza
- Concord at City Center
- Constellation
- Cornelia by the Lake
- Cornelia Court
- Cornell Square
- Cornell Village
- Cottage Grove Heights
- Cullerton Station
- Cumberland Crossing
- Dakota Lofts
- Darien Condominium
- Dearborn Park
- Dearborn Park II
- Dearborn Tower
- Dearborn Village
- Delaware Place
- Depaul
- Dickenson House
- Domain Lofts
- Drake Tower
- Dunham Park
- Eaglebrook
- East Pilsen
- East Point Condominiums
- East Ridge Point Condos
- East Village
- Edgebrook
- Edgemoor Park Condos
- Edgewater Beach
- Edgewater Beach Apts
- Edgewater Plaza
- Edison Park Place
- Egandale Townhomes
- El Lago
- Eldson
- Elm at Clark Condos
- Elysees
- Embassy Club
- Emerson Point
- Erie on the Park
- Estes Manor Homes
- Fair Elms
- Fairbanks at Cityfront
- Faulkner House
- Fernwood
- Filmworks Lofts
- Folio Square
- Fordham
- Forest Glen
- Forest Villa
- Franklin Lofts
- Fremont Place Rowhouses
- Fulton Court
- Fulton House
- Fulton Place
- Fulton Station
- Galewood
- Gallery 400
- Gladstone Park
- Glencar Estates
- Glenlake
- Gold Coast Galleria
- Gotham Lofts
- Graceland West
- Grand Ohio
- Grand Orleans
- Grand Plaza
- Granville Beach
- Granville Terrace
- Green Street Lofts
- Gresham
- Hale Lofts
- Hamlin Park
- Hampden Green
- Hampton House
- Hanover House
- Harbor Point
- Harbor Pointe
- Harbor View
- Harper Place
- Hartland Park
- Hawthorne Place
- Heartbreak Lofts
- Heather Oaks
- Hemingway House
- Heritage at Millennium Park
- Hermitage
- Hollywood Towers
- Homan Square
- Humboltd Condos
- Imperial Towers
- Independence Park
- Indian Village
- Indian Woods
- Ingleside Comdominiums
- Irving Park Manor
- Jackson Park Highlands
- Jackson Tower
- James House
- Jazz on the Boulevard
- Jefferson Tower
- Jeffery Manor
- Joffrey Tower
- Karmatage
- Kelvyn Park
- Kilmer House
- Kinetic Lofts
- Kingsbury on the Park
- Kinzie Park
- Kinzie Park Midrise
- Kinzie Park Tower
- Kinzie Station
- Lake Meadows
- Lake Park Plaza
- Lake Point Tower
- Lake Shore Place
- Lake Terrace Condominiums
- Lakeside on the Park
- Lakeview Station
- Lakewood Balmoral
- Lancaster
- Landmark Village
- LaSalle Private Residences
- Lawndale
- Library Tower
- Lincoln Commons
- Lincoln Park Towers
- Little Village
- Lofts on West Hubbard
- Logan Square
- Lowell House
- Lunt Court Condominiums
- Malibu
- Malibu East
- Manors of Leland
- Marina City
- Marina Towers
- Marquee
- Marquette Park
- Marshfield Lofts
- Marynook
- Mayfair
- Mckinley Gardens
- Metropolis
- Metropolis Condominiums
- Metropolitan Place
- Michigan Avenue Towers
- Midway View
- Mies Van Der Rohe
- Monroe Manor
- Montclaire Gardens
- Montgomery
- Moser Lofts
- Museum Park
- Museum Park Lofts
- Museum Park Place
- Museum Park Tower
- Museum Park Tower III
- Museum Park Tower Iv
- New Eastside
- New York Condominiums
- Newberry Plaza
- Newport Condominiums
- North Beach Lofts
- North Damen Square Condos
- North Mayfair
- North Park Village
- Northwest Point
- Northwest Terrace
- Number 10 Lofts
- Oak Club Condos
- Oakfield West
- Odyssey Lofts
- Old Irving
- Old Town
- Old Town Square
- Old Town Village East
- Olympia Centre
- Olympia Lofts
- One Magnificent Mile
- One Museum Park West
- One River Place
- Ontario Place
- Ontario Place Residences
- Ontario Street Lofts
- Opera Lofts
- Orchard Park
- Palmolive Building Landmark
- Paper Place Lofts
- Paramount Lofts
- Parc Chestnut
- Park 1500 Lofts
- Park Alexandria
- Park Astor
- Park Edgewater
- Park Harbor
- Park Manor
- Park Millennium Condos
- Park Newberry
- Park Place
- Park Place Tower
- Park Tower
- Park View East
- Park West Condos
- Parkshore
- Parkshore Cooperative
- Parkview Condominiums
- Pearson on the Park
- Penthouse Lofts
- Pill Hill Valley
- Pilsen
- Plaza 32
- Plaza 440 Private Residences
- Plaza on DeWitt
- Point East Condominiums
- Pope Building Lofts
- Portage Park Condos
- Prairie Avenue Lofts
- Prairie District Homes
- Prairie House
- Prairie Pointe
- Printers Row
- Printers Row Lofts
- Printers Square
- Promenade
- Pueblo Commons
- Quadrangle Condos
- Randolph Place
- Ravenswood
- Regal Lofts
- Regatta
- Renaissance
- Renaissance Place
- Residences at River East
- Residences at Riverbend
- Ridgemoor Estates
- Ridgewood Flats
- Ritchie Tower
- River East
- River North
- River North Commons
- River Place on the Park
- River Plaza
- River Village
- River West Village Lofts
- Riverbend Condominiums
- Rivers Edge
- Riverview East
- Riverview West
- Rogers Park
- Roosevelt Square
- Roscoe Village
- Roscoe Village/Lakeview
- Rosemont Place
- Rosemoor
- Royalton
- Royalton Towers
- Sandburg Village
- Sauganash
- Sauganash Park
- Sauganash Village
- Schorsch Forestview
- Schorsch Village
- Scottsdale
- Sexton Lofts
- Shakespeare Court
- Sheffields
- Sheldon Heights
- Sheridan Park
- Sheridan Point
- Sheridan Shore Courts
- Sheridan Shores
- Shoreline Park
- Shoreline Towers
- Sierra Lofts
- Silver Tower
- Singer Lofts
- Skybridge
- Smith Park Commons
- South Commons
- South Edgebrook
- Southport Corridor
- Southshore
- Springfield Place
- St Johns Park
- St Paul Condos
- Stanford Courts
- State Place Tower
- State Tower
- Statesman
- Sterling
- Stratford Place
- Stratford South Commons
- Streeterville
- Superior 110
- Sutton Place
- The 3500 Club
- The Barry
- The Brewster
- The Bristol
- The Chandler
- The Columbian
- The Coronado
- The Edge
- The Estes North Shore
- The Flats on Monroe
- The George on Washington
- The Grant
- The Legacy at Millennium Park
- The Madison
- The Marquee
- The Montrevelle
- The New York
- The Pinnacle
- The Pointe
- The Residences at 330
- The Sexton
- The Terraces
- The Tower Residences at Prairie District Homes
- The Towers
- The Transportation Building
- The Verde
- The Waterford
- The Wellington
- The Whitney
- Thorndale Beach North
- Three Sixty West
- Tiara
- Tower Lofts
- Trevi Square
- Tri-Taylor
- Tribune Tower Residences
- Trump Tower Chicago
- Ukrainian Village
- Union Lofts
- Union Park Lofts
- Union Square Lofts
- University Commons
- University Park Condos
- University Station
- University Village
- Vanguard Lofts
- Venetian
- Verandas on Harlem
- Vinery Lofts
- Vision on State
- Vista Homes
- Wabash Flats
- Warwick
- Water Tower Residences
- Wells Street Tower
- West Beverly
- West Chesterfield
- West Loop Condominiums
- West Town
- Westgate Lofts
- Westhaven Park
- Westlawn
- Westwalker
- Wheelworks Lofts
- Wicker Park
- Wildwood
- Willow Court
- Willows
- Winchester Condominiums
- Winchester Hood Garden Homes
- Winhood
- Winston Towers
- Wolcott Village
- Wrightwood
Similar Listings Nearby
Property Summary
- 4727 S Wabash Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $400,000 To schedule a showing of MLS#mrd12480772 at 4727 S Wabash Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
$400,000
4727 S Wabash Avenue
Chicago, IL, 60615
Set within Chicago’s revitalized Bronzeville/Grand Boulevard district, 4727 S Wabash Avenue is a unique redevelopment site with a compelling story. The property spans about 8,270 square feet of land and features a singlestory masonry building of approximately 6,135 sq ft constructed as a church. Its pitchedroof facade and solid masonry shell open into a generous sanctuary with high ceilings and rows of pews-an impressive open hall that could become loftstyle living space or an auditorium. Because the property will be delivered vacant, developers have a blank canvas, and although there is no onsite parking, street parking is plentiful and the footprint lends itself to creative redesign. The parcel is zoned RT4 (Residential TwoFlat, Townhouse and MultiUnit), permitting lowdensity multiunit developments that allow roughly one dwelling unit per 1,000 sq ft of lot area. This zoning makes it feasible to convert the former church into loft residences or construct new townhouses or a small apartment building while respecting the neighborhood’s scale. Institutional and community uses remain possible through specialuse approval, giving nonprofit organizations a chance to repurpose the existing sanctuary and classrooms for programs, education or cultural arts. Beyond zoning flexibility, the site lies within a Federal Opportunity Zone, which allows investors to defer and potentially eliminate capital gains taxes. It is also eligible for the Neighborhood Opportunity Fund, a City of Chicago grant program that reimburses buildout costs in South Side commercial corridors, and it sits near the 47th/King Drive TIF district where projects can qualify for additional financing. Combined with Cook County credits for affordable housing or landmark redevelopment, these programs can dramatically reduce development costs and improve returns. Location and access are key. 4727 S Wabash is just blocks from the CTA Green Line 47th station and within a halfmile of the CTA Red Line 47th station, placing downtown Chicago and the Loop minutes away by train-ideal for a transitoriented development. Major bus routes on 47th Street, King Drive and State Street supplement rail service, while the Dan Ryan Expressway (I90/94) and Lake Shore Drive are nearby for drivers. This multimodal connectivity makes the property attractive to renters, homeowners and visitors and aligns with Chicago’s push for walkable, transitlinked neighborhoods. Bronzeville is in the midst of a renaissance, and this listing puts you at the center of it. The Grand Boulevard area’s population increased between 2010 and 2020, signaling renewed interest in its historic blocks and beautiful housing stock. Major projects are elevating the neighborhood, including the Bronzeville Lakefront redevelopment, which its developers describe as a “global hub for innovation and wellness”-and 43 Green, a mixedincome transitoriented development whose apartments leased faster than expected. New retail and grocery options have opened on nearby streets, while the City’s Invest South/West initiative is reenergizing commercial corridors along 43rd and 47th Streets. All of this momentum is being shepherded by Alderman Pat Dowell, who is credited with helping to spark Bronzeville’s rebirth and remains a strong advocate for balanced growth. For developers and mission driven organizations, 4727 S Wabash Avenue offers a generous lot and adaptable interior allow for a wide range of uses, from loft apartments or townhomes to a community arts center or educational facility. If you are seeking a Chicago investment opportunity, a church conversion for sale, or a chance to build within a redevelopment site in Bronzeville, this listing combines the historic character and zoning possibilities that can turn vision into value.
Property Details
Price:
$400,000
MLS #:
MRD12480779
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chigrandboulevard
Listed Date:
Sep 25, 2025
Total Sq Ft:
6,135
Year Built:
1930
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2023
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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Current real estate data for Commercial in Chicago as of Oct 06, 2025
1,114
Commercial Listed
163
Avg DOM
155
Avg $ / SqFt
$1,033,962
Avg List Price
Community
- Address4727 S Wabash Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
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Property Summary
- 4727 S Wabash Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $400,000 To schedule a showing of MLS#mrd12480779 at 4727 S Wabash Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.