795 Center StDes Plaines, IL 60016

This exceptional investment opportunity presents a three-story, 45,220-square-foot school building situated on a 1.03-acre lot in Des Plaines, Illinois. Located at 795 Center Street, this property boasts a prime location, a short walk from downtown Des Plaines. The building, currently used as St. Mary Catholic School, is constructed of masonry and offers significant potential for redevelopment or repurposing. The property features 266 feet of frontage on Center Street and 170 feet on E. Prairie Avenue. Des Plaines is a vibrant community, just 17 miles northwest of downtown Chicago, offering easy access to O'Hare International Airport and major transportation routes, including interstates and rail lines. The area is known for its diverse population and rich heritage, providing a strong foundation for future development. The property is zoned R-4, and its assessed property number (APN) is 09-20-201-002(3)(4)(5)-0000. The asking price for this unique property is $5,850,000. This presents a rare chance to acquire a substantial property in a thriving location with significant upside potential.