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8235 S South Shore Drive

Chicago, IL 60617
  • $2,000,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 12481511
UPDATED: 69 min ago
$2,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Presented by The Noir Row Collective INSTITUTIONAL PORTFOLIO OPPORTUNITY Former St. Michael Catholic School Campus | South Shore STRATEGIC INVESTMENT OVERVIEW This rare institutional portfolio represents a convergence of historic significance and forward-thinking development potential. Six distinct properties on separate PINs create an exceptional mixed-use investment platform positioned strategically within South Shore's emerging tech corridor. Portfolio Components: * Multi-story primary academic facility with expansive classroom infrastructure * Historic church with architectural distinction * Multi-story convent building with residential conversion potential * Single-story educational annex with flexible programming space * Income-generating 2-unit residential with retail storefront * Single-family residence providing immediate occupancy or rental income MARKET INTELLIGENCE & POSITIONING Proximity Advantage: Minutes from major data center development positions this portfolio at the epicenter of South Shore's technological transformation. Our market analysis indicates strong correlation between data center proximity and adaptive reuse demand for office, tech facilities, and specialized commercial applications. Zoning Flexibility: RS-3 classification enables residential, community, civic, and commercial uses-providing strategic optionality for diverse development scenarios and multiple exit strategies. Infrastructure Quality: Institutional-grade construction standards throughout, including commercial kitchen facilities, multi-stall restroom infrastructure, basement prep areas, and recreational hall space designed for high-capacity utilization. DEVELOPMENT SCENARIOS Multi-Unit Residential Conversion: Substantial square footage and existing infrastructure create optimal conditions for boutique residential development within South Shore's evolving neighborhood landscape. Mixed-Use Commercial: Strategic combination of retail, office, and community space leveraging proximity to Lake Michigan and emerging tech sector growth. Adaptive Reuse Opportunities: Unique architectural elements and flexible floor plates ideal for creative office, co-working, event venues, or specialized commercial applications. Income Diversification: Existing rental income from 2-unit property provides immediate cash flow during development phases. STRATEGIC CONSIDERATIONS * Acquisition Flexibility: Properties available individually or as complete portfolio * Expansion Potential: Additional parking development opportunities via adjacent S. South Shore Drive properties * Location Premium: Blocks from Lake Michigan with established neighborhood infrastructure * Regulatory Position: Institutional use history provides favorable foundation for commercial applications Investment Philosophy: This portfolio exemplifies our approach of identifying assets where institutional quality meets emerging market dynamics, creating value through strategic vision and precise market timing. Properties offered as-is. Buyer verification required for all representations. Portfolio analysis and due diligence support available through The Noir Row Collective's institutional advisory services. Contact The Noir Row Collective for comprehensive market analysis, development scenario modeling, and strategic acquisition guidance.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-14T11:10:23.037 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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8235 S South Shore Drive Chicago, IL 60617

  • Price: $2,000,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 69 min ago
  • MLS #: 12481511
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Presented by The Noir Row Collective INSTITUTIONAL PORTFOLIO OPPORTUNITY Former St. Michael Catholic School Campus | South Shore STRATEGIC INVESTMENT OVERVIEW This rare institutional portfolio represents a convergence of historic significance and forward-thinking development potential. Six distinct properties on separate PINs create an exceptional mixed-use investment platform positioned strategically within South Shore's emerging tech corridor. Portfolio Components: * Multi-story primary academic facility with expansive classroom infrastructure * Historic church with architectural distinction * Multi-story convent building with residential conversion potential * Single-story educational annex with flexible programming space * Income-generating 2-unit residential with retail storefront * Single-family residence providing immediate occupancy or rental income MARKET INTELLIGENCE & POSITIONING Proximity Advantage: Minutes from major data center development positions this portfolio at the epicenter of South Shore's technological transformation. Our market analysis indicates strong correlation between data center proximity and adaptive reuse demand for office, tech facilities, and specialized commercial applications. Zoning Flexibility: RS-3 classification enables residential, community, civic, and commercial uses-providing strategic optionality for diverse development scenarios and multiple exit strategies. Infrastructure Quality: Institutional-grade construction standards throughout, including commercial kitchen facilities, multi-stall restroom infrastructure, basement prep areas, and recreational hall space designed for high-capacity utilization. DEVELOPMENT SCENARIOS Multi-Unit Residential Conversion: Substantial square footage and existing infrastructure create optimal conditions for boutique residential development within South Shore's evolving neighborhood landscape. Mixed-Use Commercial: Strategic combination of retail, office, and community space leveraging proximity to Lake Michigan and emerging tech sector growth. Adaptive Reuse Opportunities: Unique architectural elements and flexible floor plates ideal for creative office, co-working, event venues, or specialized commercial applications. Income Diversification: Existing rental income from 2-unit property provides immediate cash flow during development phases. STRATEGIC CONSIDERATIONS * Acquisition Flexibility: Properties available individually or as complete portfolio * Expansion Potential: Additional parking development opportunities via adjacent S. South Shore Drive properties * Location Premium: Blocks from Lake Michigan with established neighborhood infrastructure * Regulatory Position: Institutional use history provides favorable foundation for commercial applications Investment Philosophy: This portfolio exemplifies our approach of identifying assets where institutional quality meets emerging market dynamics, creating value through strategic vision and precise market timing. Properties offered as-is. Buyer verification required for all representations. Portfolio analysis and due diligence support available through The Noir Row Collective's institutional advisory services. Contact The Noir Row Collective for comprehensive market analysis, development scenario modeling, and strategic acquisition guidance.
Interior Features

Cooling Zoned Heat Ventilation Radiators

Property Features

Additional Parcels YN Yes Approximate Age Older Built Before1978 YN No Electric Other Fire Protection Fire Extinguisher/s Geographic Locale Chicago South Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Mls Actual Status Active Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 0 Tax Year 2023 Total Monthly Income 0 Type Mixed Use Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams ONEChicago: 312-216-2422.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-14T11:10:23.037 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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