1650 17Th St Chicago, IL 60608

This exceptional redevelopment opportunity presents a unique assemblage of four buildings totaling approximately 82,250 square feet situated on a 2.14-acre lot (approximately 93,000 square feet total) in Chicago's vibrant Pilsen neighborhood. The property boasts a highly visible corner location, just steps from the CTA Pink Line and the 18th Street retail corridor. The assemblage includes a former convent (Building 1, approximately 25,200 square feet over five floors, featuring original hardwood floors, wood molding, and stained glass windows), St. Adalbert's Church (Building 2, approximately 25,200 square feet with striking architecture, twin 185-foot towers, and nearly 60-foot ceiling heights), a rectory (Building 3, approximately 10,500 square feet over four floors), and a school (Building 4, approximately 20,955 square feet over three floors with a courtyard and playground). The property also includes a large garage and approximately 44,000 square feet of additional land suitable for future development or parking. Located in a Transit-Oriented Development (TOD) zone, this property offers potential for increased density and reduced parking minimums. Its proximity to I-90/94, I-55, and I-290, as well as its one-mile distance from Chicago's Loop, the University of Illinois Chicago (UIC), and the Illinois Medical District, makes it an ideal location for various development projects, including potential student housing or medical facilities. The property's zoning is RT-4. The buildings were constructed in 1912. The Cook County Assessor's Parcel Number (APN) is 17-19-403-001,-002,-0000. The asking price is $3,950,000.