318 E 74th St - Churches FOR SALE


Chicago, IL 60619- Greater Grand Crossing
$449,000 USD
773-510-5649
318 E 74th St, Chicago, IL for Sale
$449,000 USD
Churches - FOR SALE
1/20
null | Request Cap Rate

318 E 74th St
Chicago, IL 60619
Greater Grand Crossing


HIGHLIGHTS

  • Attached 2,400sqft Parsonage
  • Detached 1 Car Garage
  • 3 Story Community Building with Finished Basement

OVERVIEW

This remarkable historic building, constructed in 1922, former Salem Lutheran Church, Community Center, and its Parsonage are now being offered for sale. The sanctuary/worship space has over fifty pews of various sizes and seats nearly 600 worshippers. The 36' vaulted wooden ceiling features arched cedar beams and ceiling fans. The sanctuary is layered in incredibly detailed stained glass allowing the southern sun exposure to illuminate the space. There is also a sacristy, a vestibule/gathering space, an organ/choir loft, and several main level common restrooms. The community center can be accessed through the church and has 3 additional separate entrances. The center also has 2 floors above ground featuring vast common areas with recessed lighting, divisible sectors, and projectors. On the second floor, you find a commercial grade kitchen and multiple private offices. Each floor of the center has multiple bathrooms. The center's basement is completely finished and offers an additional +/- 2,000 sqft. The parsonage, solid brick in construction, is +/- 2500 sqft of living space with 4bd/1.5ba. With the exception of the kitchen, the home features solid wooden floors, 1st floor fireplace, and huge master suite. Take advantage of this unique opportunity to repurpose, transition, or develop the property for its highest and best use. Set up a tour today.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Salem Lutheran Church

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,086 SF

ZONING

RS-3

APN/PARCEL ID

20-27-116-032-0000

ASK ABOUT THIS PROPERTY

Brandon BanksColdwell Banker RealtyMore Info
773-510-5649

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Brandon BanksColdwell Banker RealtyMore Info
773-510-5649

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.