$425,000

1949 W 48th Street, Chicago, IL 60609

  • 8,805 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $48/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

An historic parcel of the Back of the Yards built in the early 1940's. Once used as St. Michael's Convent, more recently operated as a friary for an order of brothers. The first floor consists of nine rooms, three small offices, 3 large meeting/gatherings spaces, 2 separate but adjacent kitchens, one storage room one shared bath with three private stalls, and one other private bath and separate half-bath. The building's second floor has a total of nine rooms - six bedrooms or private sleeping areas, one large office/meeting area, a large living room/gathering space, a former designated chapel two private shared bathrooms, one with two tubs, and the other with a shower and five stalls. The third floor of this commodity property has sixteen individual sleeping rooms - all dormitory style. There are two separate bathrooms consisting of two bathtubs, two showers, and four individual stalls. The full walk-up attic is floored and unfinished - possibly available for future improvement. The full basement is unfinished and houses the mechanicals, storage, and a laundry area. The exterior of the building is truly impressive - constructed largely of face and common brick, and grey limestone. There are a number of arched doors and windows with some leaded-glass windows. The west side of the building, facing Damen Avenue has an expansive and open two-story porch/patio area for outdoor entertainment. The building is set on a corner lot measuring approximately 118'x124', or 14,632 square feet - about a third of an acre. A survey from August, 2023 shows the actual building set across the rear of five city lots - nos. 46, 47, 48, 49, and 50. There is a gravel parking area to the south of the building which is accessed through the alley. The entire parcel is fenced. The building itself has about 8,805 sq ft of usable and potential space. The building calls for development, creativity, repurposing, and deserves to be once again, an integral part of this vibrant community.

Listing Status:
Active
Listing Office:
Century 21 Circle : 773-580-7900
Listing Agent:
John Kmiecik : 773-580-7900
MLS ID:
12481371
  • A/C: None
  • General: Concrete Perimeter
  • Road/Access: City Street
  • Originating MLS: mred
  • County: Cook
  • Zoning: OTHER20072000310000
  • Utilities: Circuit BreakersFuses
  • Source: mred

This listing courtesy of John Kmiecik, Century 21 Circle

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

H

Hedges Elementary School

4747 S Winchester Ave, Chicago, IL, 60609

Grades PK-8

0.07 miles away

H

Hedges Elementary School

4747 S Winchester Ave, Chicago, IL, 60609

Grades PK-8

0.07 miles away

B

Back of the Yards International Baccalaureate High School

2111 W 47th St, Chicago, IL, 60609

Grades 9-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby