Chicago Public Schools Puts 20 Properties Up For Sale

Chicago Public Schools Puts 20 Properties Up For Sale

Chicago Public Schools put out to bid 20 properties, most of them closed schools from 2013. The journey to repurpose the old schools could be long and winding.

For sale: 20 old Chicago school properties – Chalkbeat Chicago

“Our goal is not to sell them for the highest dollar amount, really. It’s to find the most responsible, compatible use,” said Stephen Stults, director of real estate for CPS. “What we get paid, of course, helps with our budget challenges. But they’ve been sitting there long enough, and we need to do everything we can to try to get them repurposed.” CPS spends between $100,000 and $150,000 to maintain and secure each vacant school per year.

Nine Units Above Retail Permitted At Chicago And California Avenues In Humboldt Park - Chicago YIMBY

A nine-unit residential building has been granted permission to begin construction at 805 North California Avenue in Humboldt Park. The benefactor of the permit is 4 Star Builders, who submitted an application for the approval on February 26th. It came through on May 5th, with a reported construction cost of just under $3.3 million.