South Shore Mixed-Use
For Sale
Contact for pricing
8235 S South Shore Drive, Chicago, IL 60617
Six properties with mixed-use potential in South Shore's tech corridor.
Property SizeContact for details
Days on Market151
Property Features for 8235 S South Shore Drive
General Information
Standard status
Active
Property subtype
Mixed Use
Zoning
PD 1569
Listing Agency:
KW COMMERCIAL
(313) 303-2483
Listed By:
Brittany Ramsey · License #475173381
Source:
Crexi
Added: Mar 13
Changed: Aug 8
Last Checked: Jul 19 at 5:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW COMMERCIAL
Investment Insights
Based on property information with market context.
This institutional portfolio, formerly the St. Michael Catholic School Campus in South Shore, presents a mixed-use investment opportunity. The portfolio comprises six properties on separate PINs, positioned within South Shore's emerging tech corridor. It includes a multi-story primary academic facility with classrooms, a historic church, a multi-story convent building suitable for residential conversion, a single-story educational annex with flexible programming space, an income-generating 2-unit residential property with a retail storefront, and a single-family residence. The RS-3 zoning allows for residential, community, civic, and commercial uses. The properties are located minutes from a major data center development. Institutional-grade construction is evident throughout, with features such as commercial kitchen facilities, multi-stall restrooms, basement prep areas, and a recreational hall. Potential development scenarios include multi-unit residential conversion, mixed-use commercial spaces, and adaptive reuse opportunities for creative office, co-working spaces, event venues, or specialized commercial applications. Existing rental income from the 2-unit property provides immediate cash flow. Additional parking development opportunities may be available via adjacent S. South Shore Drive properties. The location is blocks from Lake Michigan with established neighborhood infrastructure.
Key Highlights
- Strategic location in South Shore's emerging tech corridor, near major data center development.
- Flexible RS‑3 zoning allows for diverse residential, commercial, and community uses.
- Portfolio of six distinct properties on separate PINs, offering mixed‑use development potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Six properties with mixed-use potential in South Shore's tech corridor.
Where is this mixed-use property located?
The property is located at 8235 S South Shore Drive Chicago, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Strategic location in South Shore's emerging tech corridor, near major data center development.; Flexible RS‑3 zoning allows for diverse residential, commercial, and community uses.; Portfolio of six distinct properties on separate PINs, offering mixed‑use development potential.
