Description:

Built in 1922, St. Matthews United Methodist Church is ideal for a small and growing congregation. The building includes two levels of ±1775 SF each. On the upper level is the sanctuary and office. The lower level includes a hall, large kitchen, and restrooms. The exterior yard is fenced and offers greenspace for outdoor events. Cooling is provided by window units, and heating is a gas-fired boiler. Though it could use some updates, the property is turnkey. Located in the Ellwood Park neighborhood, on the corner of N Bouldin and E Monument, the church is highly visible and on a public transit route.  The property has two addresses:  627 N Bouldin and 3301 E Monument.

Seller financing may be available with a full-price offer for a purchaser who intended to use the property as a house of worship. Terms: 30% down, 7.5% interest, amortized over 20 years, 5-year balloon; terms are non-negotiable. There is no option to lease. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property will be sold as is. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period. Some chattels will convey with the sale.  Buyer pays their own broker.

To view the property, please have your real estate professional book through howingTime.  To submit an LOI, please complete a term sheet, which will request the following information: Buyer name/address, purchase price, EMD, study period, closing date, financing, any contingencies, intended use, and proof of funds. The seller has its own commercial purchase agreement and its own closing agent. Please contact agent with any questions.

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