700 E 91st Street Chicago, IL $ 1,100,000
700 E 91st Street
$ 1,100,000
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700 E 91st Street

Chicago, IL, 60619
$ 1,100,000
Baths0.0

Monthly Estimate*

$ 7,311

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Studio

Commercial Property for sale in Chicago, IL

for $1,100,000. This building was built in 1933 on a lot size of 0.92.

Commodity property for sale - the parish campus of the former St. Joachim Catholic Church in Chicago's Chatham community - includes a church, the rectory, the school, and an adjacent parking lot with 26 spaces. Currently the school is being leased - to be sold as a package only with the existing lease. Zoning is now RS2. The church and attached rectory have a common address - 700 E. 91 Street. The school's address is 9035 S. Langley. The vacant parking lot has an address of 712-14 E. 91 Street. The total land area for sale is .92 acres, or 40,073 square feet. The church building was dedicated in 1895 and completely renovated with brick exterior in 1933. There is a partial and unfinished basement. The church has an above-ground area of approximately 8,000 sq ft with a masonry exterior and a concrete foundation. The sanctuary/worship space has fifty pews of various sizes and seats nearly 450 worshippers and a ceiling height of 35 feet. The basement is nearly 2,000 sq ft. There is also a sacristy, a vestibule/gathering space, an organ/choir loft, and a main level common restroom. The church has a 200amp electric service and two air handling air conditioning units in the basement. The radiator hot water heating system for the church is now located in the school building. The roof is covered with fiberglass shingles. The adjacent and attached rectory is an architectural masterpiece and was built about 75 years ago. It's an all-masonry building with a partial and unfinished attic and a full basement. The above ground living area is approximately 5,900 sq ft. The first floor has offices, a formal dining room, large cabinet kitchen, two bathrooms, and a bedroom. The upper level has a suite with living room, bedroom, and private bathroom, another family room, four bedrooms with shared baths, and an office. The basement is unfinished but houses the laundry area, boiler room, storage, and a bathroom. Per a recent building assessment, it has a 200amp 1-phase 3-wirw electrical service and a Weil-McClain LGB-7 boiler for radiator heat - installed in 1994. The rectory has a central air conditioning system located in the walk-up attic. The school is a three-story masonry constructed building. Above-ground building area is 24,000 sq ft +/- and housed originally ten classrooms. The building is now rented to a charter high school with the tenant covering the costs for electric, water, and sewer, plus a portion of the gas. The tenant has invested in interior upgrades. The school's ground level/basement has a dining room with a stage, a kitchen, and two restrooms. The building has a 1,200=amp 3-phase 4-wire electrical service and one Kewanee boiler in the basement. It's cooled by window AC units. The parking lot to the east of the church is paved, fenced, and can park up to 26 vehicles. This lot is leased currently to the school. There is another paved parking area for seven vehicles located behind the rectory. The property has three PINs. The entire parcel is to be sold "as is" only. A unique opportunity to repurpose, transition, or develop the property for its highest and best use.

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Commercial Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.92

Year Built

1933

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11491469

Features
General
Cooling Central Air Chillers
Zoning OTHER
Construction Materials Brick Concrete Block Wood Frame
Year Built 1933
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories 3
Tax Year 2020
Current Use Other
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Instut/To Develop
Status Active
Directions 95th Street to Martin Luther King Drive then north to 91st Street then east to Langley Avenue - 700 East.
City Chicago
MLS Area CHI - Chatham
Lot Size Square Feet 40074
Waterfront Y/N N
Street Name 91st
Tax Annual Amount 0
Additional Parcels Y/N Y
Days on Market 654
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 125X266X109X266
Lot Size Acres 0.92
Frontage Type City Street
Exterior Brick Stone
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Interior
Street Suffix Street
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* Excluded Features
List By
Century 21 Circle

Broker

c21kmiecik@aol.com; jkmiecik@c21circle.com

Email

Affordability Calculator

$7,311
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2023$1,100,000 -15.38% Price Down
8/15/2022$1,300,000 Listed Price

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700 E 91st Street, Chicago, IL, 60619 is a Commercial Property for sale at $1,100,000 with a lot size of 0.92. 700 E 91st Street is a studio with 0.0 baths and was built in 1933. The property's zip code is 60619 which is in Chicago, IL