8400 Blackstone AveChicago, IL 60619

Property Details for 8400 Blackstone Ave

Lot size

2.07 AC

Property size (Sq ft)

90,638 SF

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

This exceptional 2.07-acre Chicago property offers a unique redevelopment opportunity. The 90,638 square foot campus comprises five buildings, zoned RS-2, presenting significant potential for adaptive reuse. Currently configured as a mixed-use property with religious and school uses, this versatile site is ideal for educational, institutional, or special purpose endeavors. Located at 8400 S Blackstone Ave, Chicago, IL 60619, the property benefits from its proximity to the Museum of Science and Industry and the University of Chicago. The ample space allows for diverse configurations, including classrooms, offices, and support facilities. The existing buildings are well-maintained, offering immediate usability while allowing for future expansion or complete redevelopment. This prime location offers high visibility and accessibility, enhanced by proximity to public transportation, dining, and community resources. The asking price is $1,975,000. This represents a strong investment opportunity with significant long-term potential within the vibrant Chicago market. The property's size and zoning provide flexibility for a variety of uses within the education sector, making it an attractive proposition for investors seeking a substantial and versatile asset.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.7422

Longitude

-87.5883

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