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6240 N Avondale Ave - St Albans Church and Rectory 6,000 SF Specialty Building Offered at $1,887,776 CAD at a 10% Cap Rate in Chicago, IL 60631

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Investment Highlights

Stunning church and adjacent single family rectory.

Executive Summary

Historic Opportunity: Offered for the first time, featuring a historic 1894 church and an adjacent single-family home.The main Sanctuary is 6,000 sq. ft. of space with dramatic ceilings, custom wood trusses, beautiful stonework, and striking stained-glass windows.Finished Lower Level is an approximately 3,000 sq. ft. basement with 10' ceilings, a full kitchen, and gathering/meeting rooms. The church is being offered for $899,000 and sits on a 50 x 201' lot. Parsonage/Rectory: A 4 BR, 1 BA single-family home with a dining room, full basement, and detached garage . Situated on a 10,000 sq. ft. lot with a private, lush rear garden. Home is MLS # 12717235, listed for $465,000. Both structures feature a newer roof.Zoning & Potential: RS-2 zoning offers continue utilizing it as a church, or reframe it as a community art center, performance venue, or live-work artist studio. The city has indicated they would not favor a change from the current zoning to any kind of multi-family housing. It could make a cool single family home. There is not a full bath in the church, just 3 half baths.

Property Facts

Price	$1,887,776 CAD	Lot Size	0.46 AC
Price Per SF	$314.63 CAD	Building Size	6,000 SF
Sale Type	Investment or Owner User	No. Stories	2
Cap Rate	10%	Year Built/Renovated	1894/1980
Property Type	Specialty Specialty Lodge Meeting Hall Specialty Religious Facility Specialty Schools	Parcel Number	13-06-107-006-0000
Zoning	RS-2 - RS-2 "single family" zoning allows for continuation as a church or community center or redevelopment into single family homes.

Price	$1,887,776 CAD
Price Per SF	$314.63 CAD
Sale Type	Investment or Owner User
Cap Rate	10%
Property Type	Specialty Specialty Lodge Meeting Hall Specialty Religious Facility Specialty Schools
Lot Size	0.46 AC
Building Size	6,000 SF
No. Stories	2
Year Built/Renovated	1894/1980
Zoning	RS-2 - RS-2 "single family" zoning allows for continuation as a church or community center or redevelopment into single family homes.
Parcel Number	13-06-107-006-0000