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Former St. Michael Catholic School 4 Properties Offered at $2,766,780 CAD in Chicago, IL

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INVESTMENT HIGHLIGHTS

  • 6 Properties on Separate PINs - Maximum flexibility for buyers
  • Minutes from New Data Center Development - Emerging tech corridor positioning
  • Substantial Square Footage - Multiple buildings with structural integrity
  • Blocks from Lake Michigan - Prime South Shore location
  • RS-3 Zoning - Residential, community, civic & commercial uses permitted
  • Properties Can Be Purchased Separately - Individual or portfolio acquisition options

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $2,766,780 CAD
Price / SF $45.18 CAD / SF
Sale Conditions
Distress Sale
  • Bulk/Portfolio Sale
  • High Vacancy Property
  • Redevelopment Project
Cap Rate 1.25%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 61,236 SF
Total Land Area 1.90 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
St. Michael's Convent
8235 S South Shore Dr, Chicago, IL 60617
Multifamily 17,634 SF 1960 -
8209 S South Shore Dr, Chicago, IL 60617 Retail 2,226 SF 1889 -
8207 S South Shore Dr, Chicago, IL 60617 Retail 1,440 SF 1900 -
Saint Michael's School and Annex
8231 S South Shore Dr, Chicago, IL 60617
Specialty 39,936 SF 1909 -
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  • Listing ID: 37625949

  • Date on Market: 2025-10-10

  • Last Updated:

  • Address: Former St. Michael Catholic School, Chicago, IL

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