740 59Th StChicago, IL 60621

For Sale
$500,000
Prime Chicago Religious/Commercial Property

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Chicago property at 740 W 59th Street presents a unique investment opportunity. The offering encompasses a 4,735 square foot main building, complemented by a 1,662 square foot, two-story auxiliary structure. Situated on a substantial 19,157 square foot lot, this property boasts significant redevelopment potential. The building previously served as a church and features a 1,500 square foot mezzanine, offering versatile space. The RS-3 zoning allows for a range of uses. The location is highly visible, with over 9,000 vehicles passing daily, and benefits from excellent street frontage on both Emerald Avenue (175 feet) and 59th Street (100 feet). Convenient access to public transportation is a key advantage, with proximity to multiple CTA bus routes and train stations. The property also includes approximately 31-50 outdoor parking spaces adjacent to the building. This versatile property is priced at $500,000 and presents a compelling opportunity for adaptive reuse in a thriving Chicago neighborhood. The property's size and location make it ideal for a variety of commercial or special purpose ventures.

Highlights

  • 4,735 SF main building plus 1,662 SF two-story auxiliary building on a 19,157 SF lot.
  • Ideal for event space; formerly a church.
  • 31-50 outdoor parking spaces.
  • High-visibility location with 175' of Emerald Avenue frontage and 100' of 59th Street frontage; over 9,000 vehicles per day.
  • Excellent public transportation access via CTA bus routes and nearby train stations.

Property Details for 740 59Th St

Property type
Specialty properties, Churches & religious facilities
Square Feet
1,662 SF
Stories
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.7873509
Longitude
-87.6440633
740 59Th St, Chicago, Illinois

FAQs

What type of property is this?
Specialty property - Prime Chicago Religious/Commercial Property
Where is the specialty property located?
The property is located at 740 59Th St Chicago, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 4,735 SF main building plus 1,662 SF two-story auxiliary building on a 19,157 SF lot.; Ideal for event space; formerly a church.; 31-50 outdoor parking spaces.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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740 59Th St
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