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Listed by Michael Kangof Coldwell Banker Realty
$3,000,000
Est. payment /mo
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! Contact Brittany Ramsey for more details and private showings.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Zoned
Fireplace N
Exterior
View Y/N true
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