Overview
Auburn-Gresham City Block Opportunity
An entire city block is available in Chicago's Auburn-Gresham community. The 3.52-acre parcel, the site of the former St. Kilian's Parish, includes the church building, the former rectory, a modernized and leased school, a 6-car garage, a private paved parking lot, and ample green space. The property is bordered by 87th Street, May Street, 88th Street, and Aberdeen Street. The church, located at 1111 W. 87 Street, has approximately 12,688 sq ft of floor space. Built in 1936-37 and designed by Joe W. McCarthy in an Italian Renaissance style, the church features 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 housing the boiler/steam heat system. Two additional side rooms served as a sacristy and preparation area. A private entrance/breezeway connects the church to the rectory. The 5,534 sq ft rectory, located at 8725 S. May Street, is a two-story all-brick building with a full partially finished basement. The main level consists of 3 offices, a kitchen, a 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, located at 8748 S. Aberdeen, was recently updated and expanded (over 50,000 sq ft) by the current lessee, Noble Network of Charter Schools, and features state-of-the-art classrooms, laboratories, a gymnasium, and a full restaurant-style kitchen. The school has a long-term lease, making this an excellent investment with immediate income.