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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 3,500,000

Est. payment | -/mo

20,200 SqFt

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$ 3,500,000

Est. payment | -/mo

Save

20,200 SqFt

Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 20,200 sqft

Price per Sqft $173

MLS Listing ID 12571609

Annual Tax Amount $145,605

Tax Year 2024

Lot Dimensions 143x122

Property Sub-Type Bus / Bus w/Real Est

Property Description

Best Motel by OYO Chicago, 53-rooms, 2-Story California-style exterior corridor motel built in 1971, totaling approximately 20,200 building Sq ft. and about 18,000 Sq ft. of land with main-level on-site parking. Located in Chicago's Woodlawn neighborhood on the South Side, near Hyde Park and Englewood. The property is within 2-miles from Barak Obama Presidential Library, close to the University of Chicago, Jackson Park, the Museum of Science and Industry, neighborhood retails and transit, including the CTA King Drive Station. Approximately 1-mile east of the Dan Ryan Expressway and within several miles from and to downtown Chicago, the area is experiencing ongoing redevelopment, including the nearby Barack Obama Presidential Library (opening Spring 2026). Zoned C1-2 Commercial, permitting a wide range of uses including retail, auto services, warehouse, mixed-use, and residential above ground floor.

Location

State IL

County Cook

Area Chi - Woodlawn

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Bus / Bus w/Real Est

Structure Type Concrete

Listed by Mark Ahmad of Century 21 Circle

NEARBY PROPERTIES

+1(815) 685-5090

saralattayoung@gmail.com

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6535 S King DR Chicago, IL 60637