St. Elizabeth

4050-52 S Wabash, Chicago, IL 60653

  • For Sale $2,300,000
  • Property Type Other - Special Purpose
  • Property Size 42,350 SF
  • Lot Size 0.87 Acre
  • Date Updated Feb 7, 2024
Two separate lots, 22,956.87 & 14,915.62 sqft total sqft approx 37,878. Address: 4051 S State St Empty Lot: 14,915.62 total sqft Lot Dimensions: 160.8x92.7 PIN: 20-03-106-015-0000 Zoning: M1-2 Address: 4050-52 S Wabash Lot W/ Existing Structure: 22,956.87 total sqft Lot Dimensions: 142.75 x 160.8 PIN: 20-03-106-028-0000 Zoning: RM 5 Two existing brick structures largest structure is the school with 3 floors plus basement. It's building footprint is 7386 sqft. No central AC, boiler heat. The second structure is the auditorium with 2 floors and a building footprint of 7,705 sqft. School Rooms: 1st floor - 4 classrooms 2 offices 2nd floor - 6 classrooms 3rd floor - 6 classrooms 3 offices Basement - 6 rooms 2 separate bathrooms with multiple stallsAmazing adaptive reuse or development site opportunity in Bronzeville on a quiet corner lot. The property is in an opportunity zone and is likely to achieve TOD status with the nearest station entrance/exit, Indiana CTA Green Line station, 1,038 feet away, and the nearest listed bus corridor State St, 366 feet away. The asset consists of two separate lots with two different addresses and pins total sqft land 37,878 sqft. Both parcels are being sold together. 4050-52 S Wabash - Total lot sqft 22,956.87 dimensions 142.74 x 160.83. There are two existing brick buildings, with the largest building being the school, which has 3 floors plus a basement. Its building footprint is 7,386 sqft. No central AC, boiler heat. The second structure is the auditorium, with 2 floors and a building footprint of 7,705 sqft. 4051 S State St - Cleared lot with total sqft 14,915.62, 160.85 X 92.73 M1-2 Zoning

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Attachments

Highlights

  • Opportunity Zone
  • Enterprise Zone
  • TIF District
  • IHDA Targeted Area
  • New Market Tax Credits
  • IRA solar & wind bonus credit
  • Qualified Census Tract
  • Illinois underserved area
  • HUD Revitalization Area

Contacts

broker

Clif Wilson

Root Realty

(708) 574-6968

Location

Getting Around

  • Walk Score ®

    70/100 Very Walkable

  • Transit Score ®

    65/100 Good Transit

  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Bronzeville
  • Zip Code 60653
  • Market Chicago

Points of Interest

  • Indiana

    0.22 miles

  • 43rd

    0.41 miles

  • State & 37th Street

    0.48 miles

  • 35th-Bronzeville-IIT

    0.75 miles

  • 47th

    0.76 miles

  • 47th

    0.83 miles

  • Sox-35th

    0.90 miles

  • 51st

    1.32 miles

  • Garfield

    1.80 miles

  • Garfield

    1.80 miles

  • BP

    0.30 miles

  • BP

    0.42 miles

  • Citgo

    0.44 miles

  • Mobil

    0.45 miles

  • BP

    0.57 miles

  • BP

    0.80 miles

  • BP

    0.85 miles

  • Clark

    1.00 miles

  • BP

    1.23 miles

  • Shell

    1.28 miles

  • Lot L

    0.60 miles

  • Lot F

    0.66 miles

  • Tailgate Lot

    0.71 miles

  • VIP Lot E

    0.75 miles

  • VIP Lot D

    0.83 miles

  • Lot B

    0.90 miles

  • Lot A

    0.91 miles

  • Ride Share Lot

    1.01 miles

  • Lot C

    1.01 miles

  • Lot G

    1.08 miles

  • Amber Inn Motel

    0.23 miles

  • Chicago South Loop Hotel

    1.72 miles

  • SpringHill Suites by Marriott Chicago Chinatown

    2.06 miles

  • Hyatt Regency McCormick Place

    2.21 miles

  • Hilton Garden Inn, Hampton Inn, & Home2 Suites

    2.23 miles

  • Chicago Lake Shore Hotel

    2.26 miles

  • Sophy Hotel

    2.27 miles

  • Jaslin Hotel

    2.28 miles

  • Marriott Marquis

    2.30 miles

  • Hyatt Place Chicago-South/University Medical Center

    2.35 miles

  • Chicago Rib House

    0.28 miles

  • Bronzeville Wingz

    0.30 miles

  • Nicky's Gyros

    0.40 miles

  • Louisiana Famous Fried Chicken

    0.42 miles

  • Jimmy John's

    0.73 miles

  • McDonald's

    0.75 miles

  • Harold's Chicken Shack #88

    0.76 miles

  • Subway

    0.77 miles

  • Mi Lindo Mexico

    0.81 miles

  • KFC

    0.82 miles

  • Saint Elizabeth Headstart

    0.04 miles

  • Saint Elizabeth School

    0.05 miles

  • Bronzeville Lighthouse Charter School

    0.09 miles

  • Horner School

    0.14 miles

  • Dawson Technical Institute of Kennedy-King College

    0.16 miles

  • Wendell Phillips Academy High School

    0.40 miles

  • Perspectives/IIT Math & Science Academy

    0.53 miles

  • Ida B. Wells Elementary School

    0.54 miles

  • Hendricks Elementary School

    0.56 miles

  • Mollison Elementary School

    0.64 miles

  • UChicago Child Development Center - Drexel

    2.21 miles

  • The Goddard School

    2.43 miles

  • Taylor Tots

    3.88 miles

  • Brighton Park Early Learning Center

    3.92 miles

  • New Zion Childcare Academy

    4.02 miles

  • DJ Brooks Child Development Center

    4.09 miles

  • Bright Horizons

    4.60 miles

  • Adams Street Child Care Center

    4.80 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    5.01 miles

  • Kenyatta's Day Care and Learning Center

    5.18 miles

Frequently Asked Questions

What is the lease rate for St. Elizabeth?

Rental asking rate at St. Elizabeth is $1,150,000.00/YR.

What is the total square footage of St. Elizabeth?

St. Elizabeth totals 42,350 square feet.

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Contact Listing Broker

broker

Clif Wilson

Root Realty

(708) 574-6968