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$740,000
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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.
Full Property Details
Full Property Details for 8231 S South Shore Dr
General
- Sold For: $740,000
- Taxes: (2019)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 10946151
- Added to Site: 1, 899 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Hydrants on Site
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 83rd Street to South Shore Drive North to 8231. OR South Shore Drive South to 8231
- Location Details: Chicago South, Water View, Public Transport Avail
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Radiant
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Sanitary Sewer, Storm Sewer Available, Municipal Water, Water to Site
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 44,508
- Year Built: 1910
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.79
- Lot Size (Sq. Ft.): 34,450
- Lot Dimensions: 265*130
- Frontage: City Street
- Potential Use: Commercial, Conditional Use, Industrial, Legal Non-Conforming, Non-Conforming, Other, Office and Research, Development, Multi-Family, Special Use, Zoning Change Required
- Zoning: MULTI
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Hydrants On Site
- Assessment Year: 1910
- Tax Year: 2019
- Tenant Pays: None
Disclosures and Reports
- Property ID: 21312330330000
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Schools
Schools serving 8231 S South Shore Dr
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sullivan Elementary School, Chicago, IL 8331 South Mackinaw Avenue, Chicago, IL 60617 | K-8 | 0.3 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8231 S South Shore Dr
Date
Details
Price
Change
Source
10/12/2023
Sold
$740,000
-7.5%
MLS
12/03/2020
Listed
$799,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8231 S South Shore Drive, Chicago, IL 60617 (MLS# 10946151) is a Commercial property that was sold at $740,000 on October 12, 2023. This property was listed by Michael LaFargue from our Lincoln Park Office.Want to learn more about 8231 S South Shore Drive? Do you have questions about finding other Commercial real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.


