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$2,250,000
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Property Description
FOR USER/INVESTMENT- Strauss Realty presents a 54,000 SF two-story Timber and Concrete loft building for creative spaces or light manufacturing. It is available in the heart of Chicago's Bronzeville. A 16,000 SF vacant lot on State Street is included for parking or outdoor storage. The building includes new state-of-the-art heavy power, new bathrooms, new alarm system for 24/7 entry, new sprinkler system, and new heating throughout the space. It is ideal for creative space, manufacturing, or an investor looking for a potential multi-tenant building. The building offers amenities such a new modern offices, a kitchenette, and an outdoor patio. This is a great location located in a TIF Zone with Sox Stadium and IIT nearby, and great accessibility via I-94 and Lake Shore Drive. Also, conveniently located to the State Street buses, Red and Green Line "EL" trains and Metra, and just minutes from downtown Chicago.
Full Property Details
Full Property Details for 4130 S Wabash Ave
General
- Price: $2,250,000
- Taxes: $999 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12366368
- Updated: 5/5/2026
- Added to Site: 387 day(s) ago
Business
- Business Type: Food & Beverage
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: Located on S Wabash Avenue between E 41st Street and E 42nd Street
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Other
Structural Information
- # Loading Docks: 2
- Stories/Levels: 2
- Square Feet: 54,124
- Year Built: 1932
- Built Before 1978: Yes
- Property Condition: New Construction
Lot Features
- Lot Size (Acres): 1.14
- Lot Size (Sq. Ft.): 49,658
- Lot Dimensions: 225 x 160
Financial Considerations
- Lease Price: $10
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Other
- Assessment Year: 1932
- Tax Amount: $999
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 20031120170000
Listed by Strauss Realty Ltd
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Schools
Schools serving 4130 S Wabash Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Beethoven Elementary School 25 West 47th Street, Chicago, IL 60609 | PK-8 | 0.8 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4130 S Wabash Ave
Date
Details
Price
Change
Source
4/08/2026
Price Reduced
$2,250,000
-11.76%
MLS
2/09/2026
Price Reduced
$2,550,000
-19.05%
MLS
5/15/2025
Listed
$3,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4130 S Wabash Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,297
3%
$76,989
—
2022
$15,885
2%
$76,989
—
2021
$15,528
76%
$76,989
95%
2020
$8,817
11%
$39,579
—
2019
$7,952
2%
$39,579
—
2018
$7,818
-5%
$39,579
3%
2017
$8,268
7%
$38,407
—
2016
$7,693
9%
$38,407
—
2015
$7,038
-5%
$38,407
-4%
2014
$7,424
2%
$40,012
—
2013
$7,277
1%
$40,012
—
2012
$7,180
—
$40,012
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4130 S Wabash Ave
4130 S Wabash Avenue, Chicago, IL 60653 (MLS# 12366368) is a Commercial property. 4130 S Wabash Avenue is currently listed for $2,250,000 and was received on May 15, 2025. Want to learn more about 4130 S Wabash Avenue? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

