Chicago, IL 60617,8231 S South Shore DR

$740,000

$799,999

7.5%
Est.Price: ?

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Est. payment /mo

44,508 SqFt


SOLD DATE : 10/12/2023

Key Details

Sold Price $740,000

Property Type Commercial

Sub Type Instut/To Develop

Listing Status Sold

Purchase Type For Sale

Square Footage 44,508 sqft

Price per Sqft $16

MLS Listing ID 10946151

Sold Date 10/12/23

Year Built 1910

Tax Year 2019

Lot Size 0.790 Acres

Lot Dimensions 265*130

Property Sub-Type Instut/To Develop

Property Description

The St. Michael Portfolio includes three structures: 1.) A one-story Annex building with three large classrooms, kitchen, boy and girl restrooms and, separate heating and electrical mechanicals. The annex is attached to 2.) a three-story school building with twelve classrooms, an office, boy and girl restrooms, and a basement lunchroom/recreation hall with a food preparation area and has its own separate heating plant. Both share the address 8231 S. Shore Drive. They total 26,873 square feet, are constructed with brick, have concrete foundations, and sits on 130-foot deep lots. 3.) The third structure at 8235 S. South Shore Drive is St. Michael the Archangel former Parish Convent. This brick three-story is a 17,634 square foot structure and is in excellent condition. The convent features a chapel, dining/meeting room, updated kitchen with community rooms, offices, and has its own heating plant. The spacious first level receives natural light, has two stairwells and an elevator that services all 3 floors. This area is currently zoned as RS-3. With special approval under RS-3 zoning, the site may be used for residential, community, civic, and commercial uses. (The church and rectory are not for sale.) The Annex, school, and convent are for sale only (No Leasing). Showings are on Thursdays only. A 24-hour notification would be helpful. Proof of Funds or the capability of being funded is absolutely required prior to showing.

Location

State IL

County Cook

Area Chi - South Chicago

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site

Building

Level or Stories 3

Structure Type Brick, Concrete

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Midwest Real Estate Data (MRED) IDX
Listed by Michael LaFargue • Coldwell Banker Realty
Bought with Michael LaFargue • Coldwell Banker Realty
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