5600 Green St Chicago, IL 60621
This two-story, 10,000-square-foot church facility is available for purchase at $375,000 ($37.50/SF). Located at 5600 S Green St, Chicago, IL, in the rapidly developing Englewood neighborhood, this property offers significant potential. The building features a sanctuary with seating for 300, a fellowship hall accommodating 150, classrooms, offices, and a nursery. While some capital improvements are needed, particularly in the kitchen and other areas, this presents a value-add opportunity. A newer HVAC system (2016) is already in place. The property sits on a 10,500-square-foot lot and is zoned RS-3. Its prime location provides easy access to I-94 and I-55, as well as the Green Line CTA station and bus routes. Nearby developments, including Englewood Square Shopping Center and the upcoming Englewood Line Nature Trail, contribute to the neighborhood's revitalization and growth. This vacant property offers a unique chance to establish a ministry or community organization in a thriving area, capitalizing on the significant potential for equity growth. The property is a fee simple ownership and is currently vacant with an occupancy date of March 21, 2024.
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New Exodus Baptist Church Church
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Frazier J L Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.