Current Use by Public Records
- New Exodus Baptist Church / Church
- Frazier J L / Church
Property Details for 5600 Green St
- Property type
- Specialty properties
- Property subtype
- Churches & religious facilities
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6466
- Latitude
- 41.7923
