1501 North Oakley Boulevard

CBRE, Inc. is pleased to present the opportunity to purchase +/- 2.82 acres of land just south of North Avenue in the Wicker Park neighborhood of Chicago. The +/- 2.82 acre block has a fully functioning, four-story education facility of 77,333 SF situated on the southern quarter of the block. The school was constructed in 1957 and has been fully operational continuously since opening.

The block is bordered by an alley to the North, Oakley on the West, Le Moyne on the South, and Bell on the East.

The school and gymnasium on the land were built in 1957 by the Sisters of Christian Charity. This school is a 4 story structure with a facade of face brick, limestone, glass block, and aluminum windows. Granite panels are incorporated into the west facade above the main entrance to the school building.

The mechanical and boiler building sits immediately north of the school, south of the baseball field and was built in 1890.

The Sisters' residence, a two story building, is also located north of the school. The development land under the structure is highly valuable, but the existing buildings are built well and function well if repurposing rather than demolition was of a higher and best use for a purchaser.