$425,000
( $48.27Per Sq Foot )
 $2,281 est/mo Sourced by Back At You

1949 W 48th Street,Chicago, IL 60609

Chicago, IL 60609

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Description

An historic parcel of the Back of the Yards built in the early 1940's. Once used as St. Michael's Convent, more recently operated as a friary for an order of brothers. The first floor consists of nine rooms, three small offices, 3 large meeting/gatherings spaces, 2 separate but adjacent kitchens, one storage room one shared bath with three private stalls, and one other private bath and separate half-bath. The building's second floor has a total of nine rooms - six bedrooms or private sleeping areas, one large office/meeting area, a large living room/gathering space, a former designated chapel two private shared bathrooms, one with two tubs, and the other with a shower and five stalls. The third floor of this commodity property has sixteen individual sleeping rooms - all dormitory style. There are two separate bathrooms consisting of two bathtubs, two showers, and four individual stalls. The full walk-up attic is floored and unfinished - possibly available for future improvement. The full basement is unfinished and houses the mechanicals, storage, and a laundry area. The exterior of the building is truly impressive - constructed largely of face and common brick, and grey limestone. There are a number of arched doors and windows with some leaded-glass windows. The west side of the building, facing Damen Avenue has an expansive and open two-story porch/patio area for outdoor entertainment. The building is set on a corner lot measuring approximately 118'x124', or 14,632 square feet - about a third of an acre. A survey from August, 2023 shows the actual building set across the rear of five city lots - nos. 46, 47, 48, 49, and 50. There is a gravel parking area to the south of the building which is accessed through the alley. The entire parcel is fenced. The building itself has about 8,805 sq ft of usable and potential space. The building calls for development, creativity, repurposing, and deserves to be once again, an integral part of this vibrant community.

Details

MLS #12481371
Listing TypeFor Sale
StyleInstut/to Develop
Sub-TypeResale
StatusActive
Year1940
Days On Site348
Listing Provided ByCentury 21 Circle | John Kmiecik

Features

SQ Feet8,805
Story(s)3
ZoningOTHER
Acreage0.30

Interior

CoolingNone

Exterior

Foundation DetailsConcrete Perimeter
Construction MaterialsConcrete, Brick, Limestone, Other

Utilities

ElectricCircuit Breakers, Fuses

Taxes

Tax Year2023
Tax Annual Amount0

Area Information

StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI New City
Sourced by Back At You

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI New City
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $318K - $531K
sqft: 6,500 - 11,000
Nearby Listings Property ImageNearby Listings Details
1801 W 51st Street Property Photo 1
$600,000
1801 W 51st Street
Chicago, IL 60609
Listing Updated: July 9, 2026 at 12:29:03 PM PDT