About This Home

This 0-bedroom, 0-bathroom commercial at 8231 South Shore Drive in Chicago, IL is listed for $600,000. on a 0.79 acres lot.

Key Features

  • 0.79 acre lot
  • 3 stories

Property Details

3 stories
Listing Description

Unlock the potential of the former St. Michael Catholic School Campus. This rare institutional portfolio opportunity in South Shore offers a massive, historic canvas for adaptive reuse, residential conversion, or community redevelopment. Unlike many historic properties of this vintage, this facility maintains functional, active utilities, providing a critical head start for your development project.

The structure features high ceilings, historic architectural character, and a flexible layout positioned perfectly for a creative redesign. Located within an RS-3 zoning district, this asset is primed for an investor ready to bring a landmark property back to life. Whether you envision a mixed-use complex, residential lofts, or a specialized community center, the possibilities are vast. Property is sold strictly "As-Is." Proof of funds required for all tour requests.

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

8231 South Shore Drive

Chicago, IL 60617

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 8231 South Shore Drive is listed at $600,000. The estimated monthly payment is $3,209 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.79 acre lot, 3 stories.

This property is listed by Brittany Ramsey.

BR

Brittany Ramsey

Agent at Keller Williams Chicago ONEChicago

Listed by Keller Williams Chicago ONEChicago · Broker phone: (312) 216-2422 · Broker website

MLS# 12623088· Source: Midwest Real Estate Data, LLC· 193 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8231 South Shore Drive, Chicago, IL 60617

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