$2,500,000
8235 S South Shore Drive
Chicago, IL, 60617
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.
Property Details
Price:
$2,500,000
MLS #:
MRD12481511
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chisouthchicago
Listed Date:
Sep 26, 2025
Schools
Interior
Cooling
Zoned
Exterior
Financial
Tax Year
2023
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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Current real estate data for Commercial in Chicago as of Oct 08, 2025
1,127
Commercial Listed
161
Avg DOM
148
Avg $ / SqFt
$1,050,136
Avg List Price
Community
- Address8235 S South Shore Drive Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
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Property Summary
- 8235 S South Shore Drive Chicago IL is a Commercial for sale in Chicago, IL, 60617. It is listed for $2,500,000 To schedule a showing of MLS#mrd12481511 at 8235 S South Shore Drive in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.

8235 S South Shore Drive
Chicago, IL