7550 S Phillips Ave - Specialty FOR SALE


Chicago, IL 60649- South Shore
$269,000 USD
630-640-1001
7550 S Phillips Ave, Chicago, IL for Sale
$269,000 USD
Specialty - FOR SALE
1/5
null | Request Cap Rate

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7550 S Phillips Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • Fully Built-out School
  • On-site parking
  • Gymnasium/Hall
  • South Shore Location

OVERVIEW

This expansive former school building offers a versatile layout ideal for a variety of redevelopment opportunities. The property features a Hall/gymnasium, 10 classrooms, 8 offices, a library, a staff lounge, a lunchroom, and a conference room. On-site parking accommodates approximately 10 vehicles. While the building will require a new roof and some updates, its solid structure and flexible floor plan make it well-suited for continued use as an educational facility, community center, office space, or residential conversion. The buyer will be responsible for the repairs, and the property will be sold as an as-is sale.

FOR SALE DETAILS

PRICE

$269,000 USD

PRICE/SF

$18 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former South Central Elementary School

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

RT-4

APN/PARCEL ID

21-30-300-024-0000,21-30-300-025-0000,21-30-300-026-0000

ASK ABOUT THIS PROPERTY

Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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