Property profile

717 18Th St Chicago, IL 60616

OFF-MARKET
Specialty properties
55,515 SF Built 1914
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a 55,515 square foot, four-building campus situated on a 39,042 square foot lot in Chicago's vibrant Pilsen neighborhood. The property, built in 1914, includes a former church (14,011 square feet above grade plus a sizable garden level, totaling approximately 28,000 square feet), a school (10,176 square feet above grade plus garden level), a convent (3,782 square feet above grade plus garden level), and a rectory (4,499 square feet above grade plus garden level). All buildings boast high ceilings and have been well-maintained. On-site parking accommodates approximately 21 vehicles. The RT-4 zoning permits a variety of redevelopment options, including residential, educational, or religious uses. This prime location offers excellent visibility and convenient access to major transportation arteries, including I-90/94, I-55, and I-290. The Metra station at Halsted is just two blocks away, and the Orange, Red, and Pink lines are within a mile. The property's proximity to the University of Illinois at Chicago (UIC) and Chicago's business district further enhances its appeal. The school building has been vacant since June 24th. The asking price for this unique property is $3,130,000. The property's APN is 17-21-312-006,-013-0000.

Property profile

Verified
Property type Specialty properties
Year built 1914
Total area 55,515 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Community Center

Location

717 18Th St Chicago, IL 60616
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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