


1949 W 48th StreetChicago, IL 60609
Commercial · 8,805 Sq. ft. | 0.30 Acres1949 W 48th Street Overview
- Time on Site:
- 276 days
- Visits:
- 4
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.
1949 W 48th Street Facts & Features
- Type Commercial
- Sq. ft. 8,805
- Price/Sq.ft. $48
- Lot 0.30 Acres
Details
General
Income/Expenses
- Existing Lease Type: N/A
- Gross Scheduled Income: 0
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 1940
Business Information
- Current Use: Conditional Use
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - New City
- Township: Lake
Tax Information
- Tax Annual Amount: $0.00
- Tax Year: 2023
General Information
- Parcel Number: 20072000310000
- Property Type: Commercial Sale
- Zoning: OTHER
Interior
Building Interior
- Building Area Total: 8805
General Information
- Cooling: None
- Electric: Circuit Breakers, Fuses
- Foundation Details: Concrete Perimeter
- Stories: 3
Unit Information
- Unit SqFt.: 8805
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Acres: 0.3
- Lot Size Dimensions: 118x124
- Lot Size Square Feet: 14632
Building Exterior/Construction
- Construction Materials: Concrete, Brick, Limestone, Other
1949 W 48th Street Neighborhood
Community
60609 (Chicago) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1949 W 48th Street Monthly Cost
1949 W 48th Street Market Data
Based on the last 30 days in this zip code
1949 W 48th Street History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | Active |
|
| 6/22/2026Source: MRED | Re-activated |
|
| 5/18/2026Source: MRED | Contingent |
|
| 10/1/2025Source: MRED | Active |
|
| 9/26/2025Source: MRED | September 26, 2025 |













































