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.
Property Details
Price:
$600,000
MLS #:
MRD12623088
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chisouthchicago
Listed Date:
Apr 18, 2026
See this Listing
Schools
Interior
Cooling
None
Exterior
Stories
3
Financial
Tax Year
2024
Map
Community
- Address8231 S South Shore Drive Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
Market Summary
Current real estate data for Commercial in Chicago as of Jun 19, 2026
914
Commercial Listed
186
Avg DOM
$992,303
Avg List Price
Property Summary
- 8231 S South Shore Drive Chicago IL is a Commercial for sale in Chicago, IL, 60617. It is listed for $600,000
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Copyright 2026. All rights reserved.
8231 S South Shore Drive
Chicago, IL


