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819 & 831-847 N Leamington Ave - Former School Building & Adjacent Vacant Lot

26,886 SF Specialty Building Offered at $1,250,000 in Chicago, IL 60651

Investment Highlights

  • School building is efficiently laid out with a two-story classroom configuration alongside a full sized, high ceiling gymnasium
  • Adjacent ±27,500 SF vacant land parcel offers optionality for parking lot expansion, playground space, or future redevelopment
  • Gated parking lot of ±4,500 SF immediately adjacent to the building
  • Located in Chicago’s Austin neighborhood on the city’s west side, in a residential area one block north of Chicago Avenue

Executive Summary

819 & 831-847 N. Leamington Avenue is a ±27,000 SF school building with a ±4,500 SF parking lot and an adjacent parcel of vacant land of approximately 27,500 SF. In total, the Property comprises 49,407 SF of land area (1.13 acres). The Property is located just north of Chicago Avenue in the Austin neighborhood of Chicago and is zoned B3-1 & RS-3.

Property Facts

Price $1,250,000
Price Per SF $46
Sale Type Investment
Property Type Specialty
Property Subtype Schools
Building Class C
Lot Size 1.28 AC
Building Size 26,886 SF
No. Stories 2
Year Built 1954
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-04-424-031-0000
  • 16-04-424-005-0000
  • 16-04-424-009-0000
  • 16-04-424-007-0000
  • 16-04-424-008-0000
  • 16-04-424-010-0000
  • 16-04-424-006-0000
  • 16-04-424-004-0000
Land Assessment
$109,480
Improvements Assessment
$117,521
Total Assessment
$227,001

zoning

Zoning Code B3-1 & RS-3 (Zoned B3-1 (School Building & Parking Lot) & RS-3 (Vacant Land))
B3-1 & RS-3 (Zoned B3-1 (School Building & Parking Lot) & RS-3 (Vacant Land))
  • Listing ID: 33760596

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: 819 & 831-847 N Leamington Ave, Chicago, IL 60651

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