4052 S Wabash Ave - St. Elizabeth School 22,158 SF Specialty Building Offered at $1,900,000 in Chicago, IL 60653

Rare opportunity to acquire the former St. Elizabeth School campus located at 4052 S Wabash Avenue in the heart of Chicago’s historic Bronzeville neighborhood. The main school building offers approximately 29,500 square feet, including a full garden level, and is complemented by a 10,050-square-foot annex housing a gymnasium and two floors of classrooms. The property is ideal for a wide range of adaptive reuse options, including a charter school, creative office space, or conversion into residential units.
Also included in the offering is a large vacant lot located directly behind the school at 4051 S State Street, spanning approximately 19,934 SF. This lot offers ample space for parking, a playground, or future ground-up development. The combined site offers a potential for affordable housing, mixed-use redevelopment, or expansion of educational facilities, especially in a neighborhood experiencing strong momentum and continued investment.
With nearly 40,000 square feet of existing building area and nearly half an acre of additional land, this property presents a compelling opportunity for developers, school operators, or mission-driven organizations to transform a historic asset into a vibrant new use in one of Chicago’s most dynamic neighborhoods. The property is in need of full renovation and is being sold as-is.