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8725 S May St - Unique opportunity South Side Chicago

19,000 SF Specialty Building Offered at $4,080,822 CAD in Chicago, IL 60620

Investment Highlights

  • Entire city block available in Chicago's Auburn-Gresham community!
  • 3 Separate Structures Approx. 70,000 total square ft
  • 3.5 Acre Site

Executive Summary

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!

Property Facts

Price $4,080,822 CAD
Price Per SF $215 CAD
Sale Type Investment or Owner User
Property Type
Specialty
  • Specialty Religious Facility
  • Specialty Schools
Building Size 19,000 SF
No. Stories 2
Year Built 1937
Parking Ratio 2.63/1,000 SF
Opportunity Zone Yes
Parcel Number 25-05-201-001-0000

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RT-4 (RT-4)
RT-4 (RT-4)
  • Listing ID: 32788882

  • Date on Market: 2024-08-13

  • Last Updated:

  • Address: 8725 S May St, Chicago, IL 60620

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