Chicago Beverly District Alternative School

Special Purpose for Sale
Distressed
Catylist Listing ID: 30296154
Property Subtypes: School/University
Building Size (RSF): 12,242 SF
Gross Building Area: 15,842 SF
Gross Land Area: 2.14 Acres
Sale Price: $1,199,000
Property Use Type: Vacant/Owner-User
Usable Size (USF): 15,842 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 7/21/2018

Overview / Comments

RS-1 zoned, 15,842 sf historic Prairie style mansion sitting on a 2.15 acre, irregularly shaped, corner lot in the Ridge Historical District in Chicago’s Beverly neighborhood. 12,242 square feet of above grade building space with an additional 3,600 square foot partially finished lower level, for a gross building area (GBA) of 15,842 square feet. Originally constructed 1910 as a 6,442 square foot, 2-story single-family detached residence with a full basement. The building was converted to an alternative elementary school in 1935. In 1991, a 5,800 square foot, one-story addition was constructed along the south and southwest side of the building.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Cook
Taxing Authority: Cook County
Tax ID/APN: 20-18-101-052-0000
Zoning: RS-1 WITH SPECIAL USE
Property Located Between: Longwood Drive and Seeley Avenue on 107th Street
Property Visibility: Excellent
Largest Nearby Street: Western Avenue
Feet of Frontage: 374
Site Description: The 92,077 square foot irregular shaped, dual corner lot is located between the northwest corner of Longwood Drive and 107th Street, a signalized intersection, and the northeast corner of 107th Street and Seeley Avenue.
Area Description: The property is a dual corner lot in the Ridge Historical District in Chicago’s Beverly neighborhood.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 12,242 SF
Property Condition: Fair
Year Built: 1910
Year Renovated: 1991
Construction/Siding: Brick
Exterior Description: Well manicured, 2.15 acre, wrought iron fenced parcel includes open parking spaces for 40+ vehicles, an outdoor play lot and basketball court and a detached masonry garage/carriage house.
Parking Ratio: 3.3 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved open surface parking for 40 vehicles, 10 of which are tandem.
Sprinklers: Wet
Heat Type: Natural Gas, Steam
Heat Source: Central, Heat Pump
Air Conditioning: Window Unit, Other
Interior Description: The interior features 3 levels of classrooms, offices, two multi-purpose rooms, kitchen and more.
Zoning Description: RS-1 with Special Use
Lot Frontage: 107th Street - 374 feet
Lot Depth: Longwood Drive - 229 feet, Seeley Avenue - 250 feet
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Typical utility easement
Land Ownership: Owned

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,437 252,263 619,617
Median Age: 39.4 38.3 37.15
Households: 11,593 90,305 223,932

Contact

Photograph of Listing Agent

Les J. Robinson

Baird & Warner
ICEx Member
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