78 Cherry Street
Park Forest, IL, 60466 $ 1,395,000
Bedrooms-- Baths-- Monthly Estimate*
$ 8,703
for $1,395,000. This building was built in 1951 on a lot size of 6.48.
The property consists of a church, school, convent and rectory. The four buildings total 53,231 SF and are situated on a 6.3+- acre parcel with PIN #31-36-200-008. There is paved parking for 150+- cars. The church is 15,000+- SF and the sanctuary can seat approximately 425 on the main floor and 140 in the choir loft. There is a garment room and sacristy behind the main altar. The school building is approximately 25,785 SF. and has 16 classrooms, multiple offices, and a gymnasium on the main floor. The basement level has a parish hall, kitchen, storage rooms, and a large meeting area. There are men's and women's' washrooms on each level. The rectory building is 8,800+- SF. The main floor has a dining room, living room, entertainment area, offices and four bedrooms with two shared bathrooms. The second floor has four bedrooms, shared bathrooms, and an entertainment area. The basement has a furnace that provides hot water heat, a laundry room, storage rooms, and a meeting room. There are window a/c units throughout. There is an adjacent four-car garage. The convent building is 3,640+-SF. The main floor has a living room, dining room, kitchen, three bedrooms, and bathrooms. The 2nd floor has six bedrooms and three bathrooms. The basement has a game room, laundry room, storage rooms, and a furnace room that provides hot water heat. There are window a/c units. There is an attached 2-car garage. According to the owner there are a number of addresses including 207 S. Orchard Drive, 78 Cherry Street and 175 Indianwood Blvd.
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FeaturesGeneralCooling Partial Window Unit(s)
Year Built 1951
Tenant Pays None
Stories Count 2
Tax Year 2023
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Instut/To Develop
Contingency Attorney/Inspection
Status Contingent
Directions Corner of Indianwood Blvd and South Orchard Drive
City Park Forest
MLS Area Park Forest
Tax Annual Amount 0
Additional Parcels Y/N N
Standard Status Active Under Contract
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ExteriorLot Dimensions 282268
Lot Size Acres 6.48
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* Excluded FeaturesList ByFoundry Commercial LlcBroker
matt.messier@foundrycommercial.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,703
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Park Forest, IL
Average List Price $1,395,000
Percent of Sale Price 0%
About Park Forest, IL 21,153 Population
-6% Since 2002
$ 45,500 Median Income
38.99 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/24/2025 | $1,395,000 | -12.81% | Price Down |
| 9/20/2024 | $1,600,000 | | Listed Price |