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School Campus with High Ceilings
For Sale
$600,000

8231 South Shore Drive, Chicago, IL 60617

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.79 Acres
Days on Market125

Property Features for 8231 South Shore Drive

General Information

Property type Commercial Sale
Property subtype Other
Directions I-94 to 79th St, East to S Shore Dr, then South to 8231 (corner of 82nd/South Shore).
Subdivision CHI - South Chicago
Standard status Active
APN 21312330260000
Lot size 0.79 Acres

Taxes and HOA fees

Tax Year 2024

Building Details

Floors in Building 3
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Brittany Ramsey · License #475173381
Added: Apr 18 Changed: Aug 19 Last Checked: Aug 20 at 1:06PM
MLS# 12623088

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The former St. Michael Catholic School campus occupies 0.79 acres and is offered in its existing condition. The institutional property retains active utilities, high ceilings, and a flexible interior arrangement with historic architectural character. Its configuration provides a substantial existing structure for a future redesign rather than a vacant land development approach.

Located at 8231 South Shore Drive in Chicago’s South Shore area, the property is within an RS-3 zoning district. The stated redevelopment concepts include adaptive reuse, residential conversion, mixed-use development, and a specialized community center. The campus is being sold strictly as-is, and proof of funds is required for tour requests.

Key Highlights

  • 0.79‑acre former school campus at 8231 South Shore Drive
  • Active utilities remain functional throughout the facility
  • High ceilings and historic architectural character

Property Analytics

Current Use

StMichaelschool High School

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
School - Former Catholic school campus with active utilities, flexible interiors, and RS-3 zoning in Chicago’s South Shore area.
Where is this school located?
The property is located at 8231 South Shore Drive Chicago, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 0.79‑acre former school campus at 8231 South Shore Drive; Active utilities remain functional throughout the facility; High ceilings and historic architectural character
More about this property
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