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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

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$425,000 For Sale

1949 W 48th Street
Chicago, IL 60609


8,805 sq ft;
lot: 13068 sq ft lot
Commercial: Instut/To Develop - MLS# 12481371
Property Photo
1/39

Description

An historic parcel of the Back of the Yards built in the early 1940's. Once used as St. Michael's Convent, more recently operated as a friary for an order of brothers. The first floor consists of nine rooms, three small offices, 3 large meeting/gatherings spaces, 2 separate but adjacent kitchens, one storage room one shared bath with three private stalls, and one other private bath and separate half-bath. The building's second floor has a total of nine rooms - six bedrooms or private sleeping areas, one large office/meeting area, a large living room/gathering space, a former designated chapel two private shared bathrooms, one with two tubs, and the other with a shower and five stalls. The third floor of this commodity property has sixteen individual sleeping rooms - all dormitory style. There are two separate bathrooms consisting of two bathtubs, two showers, and four individual stalls. The full walk-up attic is floored and unfinished - possibly available for future improvement. The full basement is unfinished and houses the mechanicals, storage, and a laundry area. The exterior of the building is truly impressive - constructed largely of face and common brick, and grey limestone. There are a number of arched doors and windows with some leaded-glass windows. The west side of the building, facing Damen Avenue has an expansive and open two-story porch/patio area for outdoor entertainment. The building is set on a corner lot measuring approximately 118'x124', or 14,632 square feet - about a third of an acre. A survey from August, 2023 shows the actual building set across the rear of five city lots - nos. 46, 47, 48, 49, and 50. There is a gravel parking area to the south of the building which is accessed through the alley. The entire parcel is fenced. The building itself has about 8,805 sq ft of usable and potential space. The building calls for development, creativity, repurposing, and deserves to be once again, an integral part of this vibrant community.

Features

  • Property Type: Commercial
  • Sub Type: Instut/To Develop
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60609
  • Year Built: 1940
  • Sq.Ft.: 8,805 sq ft
  • Stories: 3
  • Lot Size: 13068 sq ft lot
  • View: No
  • Approximate Age: Older
  • Building Area Total: 8805
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Concrete, Brick, Limestone, Other
  • Directions: Damen Avenue to 48th Street - parking onsite behind the subject property off the alley entrance
  • Electric: Circuit Breakers, Fuses
  • Expense Year: 2024
  • Foundation Details: Concrete Perimeter
  • Geographic Locale: Chicago Southwest
  • Heat/Ventilation: Central Bldg Heat, Gas, Hot Water, Radiators
  • Information: 24-Hr Notice Required, List Broker Must Accompany, Show-Special Instructions, 48-Hr Notice Required
  • Known Encumbrances: None Known
  • Land Amenities: Curbs and Gutters, Fencing, Sidewalks
  • Location: Corner
  • Lot Size Square Feet: 14632
  • Main Type: Commercial Sale
  • Misc Inside: Common Meeting Room/s, Private Restroom/s, Public Restroom/s, Storage Inside, Laundry Room
  • Misc Outside: Courtyard
  • Outdoor Parking: 6-12 Spaces
  • Ownership Type: Corporation
  • Property Offered: For Sale Only
  • Tax Year: 2023
  • Township: Lake
Courtesy of Century 21 Circle
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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