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1919 Sherman Ave - North Chicago Special Use Investment 23,638 SF Specialty Building Offered at $1,000,000 in North Chicago, IL 60064

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INVESTMENT HIGHLIGHTS

  • Equipped for 21 plus Residents
  • 13 Bathrooms
  • Gym/Rec Center
  • Commercial Kitchen

EXECUTIVE SUMMARY

FOR SALE: 23,216 SQ FT TURNKEY COMMERCIAL FACILITY – ENDLESS POTENTIAL USES?? Ideal for Group Home, Transitional Living, Vocational School, or Care Facility
Unlock the potential of this expansive 23,216 sq ft commercial property (R3 Zoning) situated on .75 acres with 40 dedicated parking spaces. This multi-purpose facility offers two full floors of thoughtfully designed space, tailored to accommodate a wide range of uses including for-profit and non-profit group residential living, nursing center, vocational or transitional housing programs, and more.
?? First Floor – 12,714 SQ FT
Gym / Recreation Room with 22-ft Ceilings for wellness, physical therapy, or group activities
Fully Equipped Commercial Kitchen:
Triple basin sink, range hood, grease interceptor
Multiple Bathrooms:
Two hallway bathrooms with 3 stalls each
Three private half baths
Office Space & Specialized Rooms:
Dedicated Salon / Training Room with 3 plumbed sinks
Multiple private offices, laundry, and mechanical rooms
?? Second Floor – 10,411 SQ FT
10 Bedrooms / 9 Bathrooms / 24 Closets – perfect for transitional living or staff housing
Common Kitchen with stove, hood, and sink
2 Staff Rooms & Multiple Utility Rooms
Includes slop sink and furnace rooms
Equipped with 7 Furnaces for zoned comfort and climate control
?? Property Features
Roof replaced in 2022
Fire safety sprinkler system throughout
Ample plumbing and HVAC infrastructure for institutional or residential use
Clean, well-maintained and move-in ready
This property presents a rare opportunity for investors, mission-driven organizations, or developers to repurpose a versatile facility with significant square footage, ideal infrastructure, and convenient parking.

PROPERTY FACTS

Price $1,000,000
Price Per SF $42.30
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype School
Building Class C
Lot Size 0.75 AC
Building Size 23,638 SF
No. Stories 2
Year Built 1970
Zoning R-3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-05-106-042
Land Assessment
$31,199
Improvements Assessment
$230,605
Total Assessment
$261,804
  • Listing ID: 36247807

  • Date on Market: 6/13/2025

  • Last Updated:

  • Address: 1919 Sherman Ave, North Chicago, IL 60064

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