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$ 425,000
Est. payment /mo
Active
1949 W 48th ST Chicago, IL 60609
8,805 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Active
Purchase Type For Sale
Square Footage 8,805 sqft
Price per Sqft $48
MLS Listing ID 12481371
Year Built 1940
Tax Year 2023
Lot Size 0.300 Acres
Lot Dimensions 118x124
Property Sub-Type Instut/To Develop
Property Description
An historic parcel of the Back of the Yards built in the early 1940's. Once used as St. Michael's Convent, more recently operated as a friary for an order of brothers. The first floor consists of nine rooms, three small offices, 3 large meeting/gatherings spaces, 2 separate but adjacent kitchens, one storage room one shared bath with three private stalls, and one other private bath and separate half-bath. The building's second floor has a total of nine rooms - six bedrooms or private sleeping areas, one large office/meeting area, a large living room/gathering space, a former designated chapel two private shared bathrooms, one with two tubs, and the other with a shower and five stalls. The third floor of this commodity property has sixteen individual sleeping rooms - all dormitory style. There are two separate bathrooms consisting of two bathtubs, two showers, and four individual stalls. The full walk-up attic is floored and unfinished - possibly available for future improvement. The full basement is unfinished and houses the mechanicals, storage, and a laundry area. The exterior of the building is truly impressive - constructed largely of face and common brick, and grey limestone. There are a number of arched doors and windows with some leaded-glass windows. The west side of the building, facing Damen Avenue has an expansive and open two-story porch/patio area for outdoor entertainment. The building is set on a corner lot measuring approximately 118'x124', or 14,632 square feet - about a third of an acre. A survey from August, 2023 shows the actual building set across the rear of five city lots - nos. 46, 47, 48, 49, and 50. There is a gravel parking area to the south of the building which is accessed through the alley. The entire parcel is fenced. The building itself has about 8,805 sq ft of usable and potential space. The building calls for development, creativity, repurposing, and deserves to be once again, an integral part of this vibrant community.
Location
State IL
County Cook
Area Chi - New City
Zoning OTHER
Interior
Cooling None
Fireplace N
Building
Dwelling Type Instut/To Develop
Structure Type Concrete,Brick,Limestone,Other

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Kmiecik of Century 21 Circle
Nearby School & Business
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