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$ 3,000,000
Est. payment /mo
New
8235 S South Shore DR S Chicago, IL 60617
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12411372
Tax Year 2023
Lot Dimensions .79 ACRES
Property Sub-Type Mixed Use
Property Description
RARE PORTFOLIO OPPORTUNITY - EXCEPTIONAL INVESTMENT OPPORTUNITY! Former St. Michael Catholic School portfolio featuring 6 properties on separate PINs including church, rectory, school buildings, 2-unit with retail storefront, and single-family home. Substantial square footage across multiple buildings just blocks from Lake Michigan in South Shore. Located minutes from new data center development - prime positioning for tech-related adaptive reuse! Portfolio includes: multi-story main school with numerous classrooms, multi-stall bathrooms, basement food prep area, lunchroom/recreation hall, plus single-story annex with additional classrooms, bathrooms, and food prep area, multi-story convent, church, and 2-unit with retail providing immediate income potential. RS-3 zoning allows residential, community, civic & commercial uses. Institutional-quality construction perfect for creative redevelopment. Data center proximity creates unique opportunities for office space, tech facilities, or specialized uses. Ideal for investor/developer seeking diverse income streams - excellent for multi-unit residential conversion, mixed-use development, or commercial applications. Properties can potentially be purchased separately. Additional parking potential available through adjacent properties on S. South Shore Drive. All properties sold AS-IS. Buyer to verify all information. Bring your vision to this unique offering in emerging tech corridor! Brittany Ramsey & team at Coldwell Banker. Call for details on this rare adaptive reuse opportunity!
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Interior
Cooling Zoned
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 3
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Listed by Brittany Ramsey • Coldwell Banker Realty