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$1,550,000

Est. payment - /mo

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137,361 SqFt

Active

8925 S Kostner Avenue Hometown, IL 60456

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial Sale

Sub Type Instut/To Develop

Listing Status Active

Purchase Type For Sale

Square Footage 137,361 sqft

Price per Sqft $11

MLS Listing ID 10657730

Year Built 1955

Tax Year 2018

Lot Size 3.150 Acres

Acres 3.15

Lot Dimensions 137361

Property Sub-Type Instut/To Develop

Property Description

A unique opportunity in Chicago's southwest suburbs...longtime Hometown church parish available for sale - the former Our Lady of Loretto Parish. This is a 3.2 acre parish campus consisting of the central church building with attached two-story convent on one side and an attached two-story rectory on the other side. Main school building and an additional school annex, Building B. Church building is approx 12,000 sq ft, largely brick exterior and no interior columns, with approx 85 pews for nearly 850 worshippers. Flooring is tiled and carpeted. Behind the raised altar is an ample sacristy and a private worship chapel accommodating about 40 people. The heating and cooling systems are located on the roof. The former convent located at the north end of this complex is a two-story brick extension featuring offices, a boiler room, chapel, and common living space on the main level, with an upper level housing five bedroom suites with adjoining bathroom facilities and closets. The convent has two separate heating and cooling systems. The former rectory located to the south of the central church consists of common office areas, a main level family room, dining room, newly and custom updated kitchen, a laundry room, a furnace/utility room, and half-bath. The upper level has six bedroom suites w/either private or shared bathroom facilities and ample closet space. The rectory has two separate heating/cooling systems. Roof may be between 10-20 years old. Most of the windows are newer. The former main school building measures 61'x240', or approx 15,120 sq ft of educational space. The OLL school closed in 2006 and was subsequently rented to a private academy which has now vacated. This facility has twelve classrooms, separate restrooms, offices, and a utility room with three separate boiler heating systems. The second school facility, Building B, has several classrooms (now used as meeting spaces for various parish/community groups). It measures 62'x339' on the east side, and 62'x266' at the west side of the building - approx 21,000 sq ft of usable space. Building B also has a full walk-up attic currently used for storage. Separate restrooms and a designated maintenance room with access to a five-car attached garage. Building B also has a huge meeting/gathering space with a multi-purpose and fully-functioning kitchen & service counter. The additional PIN is 24-03-117-017, a rectangular parcel offering an extra 4,849 sq ft. All of these buildings are in "above average" condition, but will be sold "as is" only. The church still offers services, and will do so until the parcel is sold. Various heating and cooling systems throughout the complex - GFA, hot water baseboard heat, C/A, and window/wall air conditioners. The convent at the north end was the original rectory when initially built and has an elevator which is not operable. The convent and rectory have private entrances into the church complex. On-site parking throughout the parcel.

Location

State IL

County Cook

Area Hometown

Zoning OTHER

Interior

Heating Forced Air, Gas, Hot Water, Baseboard, Separate Per Unit, Zoned

Cooling Central Air, Wall Sleeve, Window Unit(s)

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

View Y/N true

Building

Dwelling Type Instut/To Develop

Story 1

Foundation Concrete Perimeter

Architectural Style Instut/To Develop

Structure Type Brick,Frame

Others

Tax ID 24031170540000

Miscellaneous Common Meeting Room/s,Elevator/s Passenger,Inside Corridor/s,Private Restroom/s,Storage Inside,Laundry Room

MRED as distributed by MLS GRID.

Listed by Century 21 Affiliated

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106