Property Listing No Longer Available for Sale

5120 S. King Drive, Chicago, IL

Chicago, IL

Others for Sale - $13,500,000 - 55,000 Sq. Ft.


Property Info

CIMLS#845345
Location
  5120 S. King Drive, Chicago, IL
  Chicago IL 60615
UpdatedJuly 11th, 2016
TypeOthers
Price$13,500,000
Building55,000 Sq. Ft.

Property Description

Property Description

The Chicago Baptist Institute Building is an excellent example of a Colonial Revival-style institutional building, a style of importance in the history of Chicago. The Old Chicago Orphan Asylum Building as it stands today is a particularly-distinctive and visually-striking expression of the Colonial Revival architectural style and American architecture at the turn of the last century. The Chicago Baptist Institute, which has occupied the Chicago Orphan Asylum Building since 1957, is a noted religious-education institution in Chicago, providing education and training for a variety of church- and community-based vocations, including ministry, counseling, and social work. The Chicago Baptist Institute underwent a complete renovation in 2011 with all new windows, new copper piping, new electrical, new plumbing, new roof in 2012, 14 furnaces in which each room is individually controlled, Air is separated with a total of 7 air units, 10 offices, 11 classrooms, Other Miscellaneous rooms Library, parking lot with parking for over 30 cars and a HUGE LOT ON A SEPARATE PIN.

Property Details

Price: $13,500,000

Building Size: 55,000 SF

Price/SF: $272.73

Property Type: Special Purpose

Property Sub-type: Special Purpose (Other)

Additional Sub-types: Economy/ Limited Service

Office Building

Religious Facility

Property Use Type: Business For Sale

Commission Split: 1.5%

Occupancy: 0%

No. Stories: 3

Year Built: 1898

Lot Size: 75,000 SF

Ebonie Caldwell

eboniecaldwell.sales@gmail.com

(773) 816-4604

License: 475.161522

Ebonie Caldwell Realty Portfolio

2325 S. Michigan Ave.

Chicago, IL 60616


Financials



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