$740,000
$799,999
7.5%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Michael LaFargue • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "