8231 S South Shore Drive SE Chicago, IL ^$ 600,000

8231 S South Shore Drive SE

^$ 600,000

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8231 S South Shore Drive SE

Chicago, IL, 60617

^$ 600,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 3,694

8231 S South Shore Drive SE, Chicago, IL 60617 - Image 1

8231 S South Shore Drive SE, Chicago, IL 60617 - Image 2

8231 S South Shore Drive SE, Chicago, IL 60617 - Image 3

8231 S South Shore Drive SE, Chicago, IL 60617 - Image 4

8231 S South Shore Drive SE, Chicago, IL 60617 - Image 5

8231 S South Shore Drive SE, Chicago, IL 60617 - Image 6

Commercial Property for sale in Chicago, IL

for $600,000. The lot size is 0.79.

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.

Commercial Active

Price

^$ 600,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.79

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12623088

Features

General

Cooling None

Year Built 0

Stories Count 3

Township Hyde Park

Tax Year 2024

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Instut/To Develop

Status New

Directions I-94 to 79th St East to S Shore Dr then South to 8231 (corner of 82nd/South Shore).

City Chicago

MLS Area CHI - South Chicago

Tax Annual Amount 0

Additional Parcels Y/N N

Leasable Area 0

Standard Status Active

Exterior

Lot Dimensions 79 ACRES

Lot Size Acres 0.79

* Excluded Features

List By

Keller Williams Onechicago

Broker

bramseylftw@gmail.com;bramsey@kw.com

Affordability Calculator

$3,694

Per Month

Monthly Principal & Interest: $3,694
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$967,071

Percent of Sale Price 61%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2026	$600,000		Listed Price

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8231 S South Shore Drive SE, Chicago, IL, 60617 is a Commercial Property for sale at $600,000 with a lot size of 0.79. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/19/2026.

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8231 S South Shore Drive SE

Commercial Property for sale in Chicago, IL

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