8400 Blackstone AveChicago, IL 60619

For Sale
$1,975,000

90,638 SF, 5 Buildings, $1.975M

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2.07-acre Chicago property offers a unique redevelopment opportunity. The 90,638 square foot campus comprises five buildings, zoned RS-2, presenting significant potential for adaptive reuse. Currently configured as a mixed-use property with religious and school uses, this versatile site is ideal for educational, institutional, or special purpose endeavors. Located at 8400 S Blackstone Ave, Chicago, IL 60619, the property benefits from its proximity to the Museum of Science and Industry and the University of Chicago. The ample space allows for diverse configurations, including classrooms, offices, and support facilities. The existing buildings are well-maintained, offering immediate usability while allowing for future expansion or complete redevelopment. This prime location offers high visibility and accessibility, enhanced by proximity to public transportation, dining, and community resources. The asking price is $1,975,000. This represents a strong investment opportunity with significant long-term potential within the vibrant Chicago market. The property's size and zoning provide flexibility for a variety of uses within the education sector, making it an attractive proposition for investors seeking a substantial and versatile asset.

Highlights

  • 90,638 SF building suitable for educational use.
  • Ideal for school or special purpose investor.
  • RS-2 zoning allows adaptive reuse.
  • Five-building campus offers versatility.
  • Ample space for classrooms, offices, and support facilities.
  • Potential for expansion or redevelopment.

Property Details for 8400 Blackstone Ave

Property type
Other specialty properties, Schools
Square Feet
90,638 SF
Buildings
5
Lot Size (sq. ft)
90,169 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.7422245
Longitude
-87.5883026
8400 Blackstone Ave, Chicago, Illinois

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8400 Blackstone Ave
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