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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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$2,600,000 For Sale

8725 S May Street
Chicago, IL 60620


19,000 sq ft;
lot: 3.52 acres
Commercial: Instut/To Develop - MLS# 12539339
Property Photo
1/99

Description

A unique opportunity - an entire city block available in Chicago's Auburn-Gresham community! The site of the former St. Kilian's Parish, this 3.52-acre parcel includes the church building, the former rectory, a modernized and leased school along with 6-car garage parking, a private paved parking lot and ample green space. Bordered by 87th Street, May Street, 88th Street, and Aberdeen Street. The church (1111 W. 87 Street), with approximately 12,688 sq ft of floor space, was built in 1936-37, and designed by Joe W. McCarthy in an imposing Italian Renaissance style with interior Celtic motifs on the walls and stained-glass windows. Imposing ceilings with custom wood trusses, ample pew space, carpeted and tiled flooring, some paneling, and a partial unfinished basement which houses the boiler/steam heat system for the church. Two additional side rooms served as a sacristy and preparation area. There is a private entrance/breezeway to the church from the rectory. The 5,534 sq ft rectory (8725 S. May Street), built in the late 1920's, is a towering all brick two-story building with a full partially finished basement. The main level consists of 3 offices, kitchen, dining room, 3 bedroom/living quarters, and 3 bathrooms. The upper level has 10 rooms (bedroom & living quarter suites) and 5 bathrooms. The rectory heating system, a boiler for radiator heat, is about five years old. The original school building (8748 S. Aberdeen) was recently updated and expanded (over 50,000 sq ft) along the entire length of South Aberdeen by the current lessee, Noble Network of Charter Schools with state-of-the-art classrooms, laboratories, gymnasium, full restaurant-style kitchen, and so much more. The existence of the school with a long-term lease makes this an excellent investment with immediate income. Truly a commodity property with a once-in-a-lifetime opportunity to make this parcel something special!

Features

  • Property Type: Commercial
  • Sub Type: Instut/To Develop
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60620
  • Year Built: 1937
  • Sq.Ft.: 19,000 sq ft
  • Stories: 2
  • Lot Size: 3.52 acres
  • Approximate Age: Older
  • Building Area Total: 19000
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick, Steel Siding, Other, Combination
  • Cooling: Central Air, Window Unit(s)
  • Directions: 87th Street to May Street (1132West), then south to 8725.
  • Electric: Circuit Breakers
  • Expense Year: 2023
  • Foundation Details: Concrete Perimeter
  • Geographic Locale: Chicago South
  • Heat/Ventilation: Central Bldg Heat, Gas, Hot Water, Radiators, Operable Windows/Systems Vary-Call List Agt
  • Indoor Parking: 6-12 Spaces
  • Information: 24-Hr Notice Required, List Broker Must Accompany
  • Known Encumbrances: None Known
  • Land Amenities: Fencing, Lighting/Exterior, Sidewalks
  • Location: Corner, In City Limits, High Traffic Area
  • Lot Size Square Feet: 154230
  • Main Type: Commercial Sale
  • Misc Outside: Courtyard, Tenant Signage
  • Outdoor Parking: 31-50 Spaces
  • Ownership Type: Corporation
  • Property Offered: For Sale Only
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Insurance, Repairs, Scavenger
  • Township: Lake
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
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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