South Side Chicago Investment Opportunity || 4727 S. Wabash Ave

PROPERTY DETAILS

4727 S Wabash Avenue presents a rare redevelopment opportunity in the heart of Chicago’s historic Bronzeville neighborhood (Grand Boulevard area). This property is a vacant 1-story masonry church building (6,135 sq ft footprint) on an 8,270 sq ft lot (Parcel PIN 20-10-101-006-0000). It features a large open sanctuary hall, offices, and a fellowship hall – all to be delivered vacant at sale, ready for repositioning. With RT-4 residential zoning and no on-site parking (street parking only), the site is ideal for adaptive reuse or new development that leverages its transit-accessible, amenity-rich Bronzeville location. Whether pursued by a private developer seeking investment upside or a nonprofit organization aiming for community impact, 4727 S Wabash offers significant potential through both redevelopment incentives and the neighborhood’s ongoing revitalization.

KEY DETAILS:

• Address: 4727 S Wabash Avenue, Chicago, IL 60615 (Grand Boulevard community, Bronzeville neighborhood)
• Price: $400,000
• Parcel ID (PIN): 20-10-101-006-0000
• Land Area: 8,270 sq ft (0.19 acres)
• Building Area: 6,135 sq ft (footprint) – 1-story masonry structure with high ceilings (former church sanctuary) and partial lower level.
• Year Built: (Undetermined, estimated mid-20th century – masonry construction)
• Current Use: Vacant church building (formerly the Refuge & Strength Full Gospel Assembly).
• Building Features: The main level includes a large sanctuary hall (with an open span and pew seating area) ideal for assembly or conversion to open-plan offices/apartments; a fellowship hall/multipurpose room (suitable for events or dining) with an adjacent kitchen; and restrooms. The interior has flexible partitioning that can be reconfigured. Architectural elements such as arched windows and a modest façade with masonry detailing give the building character. The ceiling heights in the sanctuary are notably tall, providing ample natural light.
• Parking: The property currently has no dedicated on-site parking. Congregants historically relied on street parking along Wabash Ave and nearby streets. Street parking is available (non-metered) on both sides of S Wabash and on 47th Street, and a public surface lot is located a few blocks away for additional needs. Transit accessibility and pedestrian traffic reduce the need for private parking. Under Chicago’s TOD (Transit-Oriented Development) guidelines, a future developer may qualify for reduced or zero parking requirements if the use is changed, given the proximity to CTA rail stations.
• Condition & Maintenance: As a vacant religious facility, the building will likely need renovation or adaptive reuse. There may be deferred maintenance (roof, HVAC, interior finishes) typical for older structures. However, the masonry exterior and structural frame are sound, providing a strong shell for redevelopment. The interior layout (sanctuary plus classrooms) can be demolished or reconfigured relatively easily due to non-load-bearing partitions. Environmental: no known environmental issues, though standard inspections (including asbestos/lead surveys due to the building’s age) are advised.
• Delivery: The property will be delivered vacant at closing, free of any tenant or congregation use.