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Chicago, IL Schools for Sale

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13 properties
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Historic School Campus
Updated: Apr 18
Historic School Campus

8231 South Shore Drive, Chicago, IL 60617

$600,000
0.79 AC lot
Former Catholic school campus on a 0.79‑acre site
RS‑3 zoning district
Active utilities remain in place
High ceilings and historic architectural character
Flexible interior layout
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School Building with Fenced Playground
Updated: Sep 28
School Building with Fenced Playground

8035 S HONORE Street, Chicago, IL 60620

$1,350,000
Eight classrooms, a computer lab, and two offices
Gymnasium and lunchroom with men’s and women’s washrooms
Vending area with storage space
Full basement and secured, fenced playground
Brick construction, built in 1950, with central air conditioning
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Church Campus with Vaulted Sanctuary
Church Campus with Vaulted Sanctuary

6045 N Rockwell St, Chicago, IL 60659

$2,350,000
17,238 sqft

The Chicago property combines religious and educational facilities with a separate residence and rear garage.

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See hot listings in Chicago

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
School Building with Classrooms
School Building with Classrooms

10526 S Halsted St, Chicago, IL 60628

$900,000
9,326 sqft 0.32 AC lot

Elevator-equipped facility with classrooms, kitchens, private bathrooms, dedicated exits, a playground, and on-site parking.

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Four-Story School Facility
Four-Story School Facility

1501 North Oakley Boulevard, Chicago, IL 60622

Contact for pricing
11,191 sqft

Operational education campus with a gymnasium and several supporting structures.

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Multi-Story Educational Facility
Multi-Story Educational Facility

2989 North Milwaukee Avenue, Chicago, IL 60618

Contact for pricing
80,471 sqft 1.04 AC lot

Newer, four-story school-ready building with parking, kitchen and gymnasium spaces, delivered vacant for immediate occupancy.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Single-Tenant Library Investment
Single-Tenant Library Investment

6348 South Archer Avenue, Chicago, IL 60638

Contact for pricing
7,725 sqft

Chicago Public Library branch is a single-tenant asset with a 10-year lease extension and 3% annual rental increases.

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School Building with Central Air
School Building with Central Air

1960 W 13th Street, Chicago, IL 60608

$3,000,000

Central air conditioning serves this school property in Chicago.

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Chicago Building Retail Opportunity
Chicago Building Retail Opportunity

2 South State Street, Chicago, IL 60602

Contact for pricing
8,860 sqft

Retail space in building with student residence facility.

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Former School Building in South Shore
Former School Building in South Shore

7550 S Phillips Avenue, Chicago, IL, Chicago, IL 60649

Contact for pricing
15,000 sqft

Versatile building in Chicago's South Shore neighborhood.

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Former School Building with Gymnasium
Former School Building with Gymnasium

7550 South Phillips Avenue, Chicago, IL 60649

$175,000

Versatile former school layout with classrooms, offices, and a hall/gymnasium, plus on-site parking for about 10 vehicles.

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Chicago School Building and Land
Chicago School Building and Land

819 & 831-847 N. Leamington Avenue, Chicago, IL 60651

Contact for pricing
27,500 sqft 0.63 AC lot

School building with land in Chicago's Austin neighborhood.

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Urban Commercial Land Site
Urban Commercial Land Site

2422 S California Ave & 2825 W 24th Blvd, Chicago, IL 60608

Contact for pricing
29,500 sqft

RT-4-zoned site with multiple buildings and parking areas at a visible intersection.

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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 13 Active listings in Chicago, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Mixed-Use Property
Downtown Mixed-Use Property

118-120 N Main Street, Hebron, IN 46341

$1,675,000
13,400 sqft 0.18 AC lot

Two commercial suites and six apartments occupy a renovated downtown building with public utilities and rear parking.

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Downtown Mixed-Use Investment Property
Downtown Mixed-Use Investment Property

118-120 N Main St, Hebron, IN 46341

$1,675,000
13,400 sqft

Fully leased commercial and residential property with renovated tenant spaces, rear parking, and an unfinished unit for future buildout.

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Multi-Entrance Office Building
Multi-Entrance Office Building

4121 Franklin Street, Michigan City, IN 46360

$699,900
3,840 sqft 0.50 AC lot

Well-maintained office property with flexible interior layout, separate access points, dedicated parking, and updated mechanical systems.

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Office Building with Multiple Entrances
Office Building with Multiple Entrances

4121 Franklin St, Michigan City, IN 46360

$699,900
3,840 sqft 0.50 AC lot

Versatile building with three separate entrances, 11 offices, and 24 designated parking spaces.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land in Tinley Park, IL
Land in Tinley Park, IL

16750 Harlem Avenue, Tinley Park, IL 60477

$579,000
1.01 AC lot

Commercial land available for sale in Tinley Park, Illinois.

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Cantera Business Park Land Opportunity
Cantera Business Park Land Opportunity

28301 Ferry Rd, Warrenville, IL 60555

Contact for pricing
161,209 sqft 19.00 AC lot

19-acre site in Cantera Business Park, Warrenville, IL.

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Off-Market Properties in Chicago, IL

Consider similar Off-Market properties in Chicago, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8400 Blackstone Ave
Schools

8400 Blackstone Ave, Chicago, IL 60619

Estimated value: by Request
90,638 sqft 2.07 AC lot
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14500 Clark St
Specialty properties

14500 Clark St, Riverdale, IL 60827

Estimated value: by Request
16,048 sqft 0.46 AC lot
View details

Chicago, IL Schools Market Trends and Statistics

Explore 18 schools for sale in Chicago, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 206,811 square feet of properties for sale, with an estimated market value of $8,375,000.

Sale prices for school buildings & campuses in Chicago, IL start at $175,000, averaging $1,395,833, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Churches & religious facilities 29
NNN properties 27
Day care centers 23
Schools 16
Wedding venues 13

Demographics Overview

Population 2.91M
Population Growth (5Y) +0.6%
Median Household Income $76,477
College Educated 44.3%

High-Yield Neighborhoods for Investment

Identify Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60649 $175K
60617 $600K
60628 $900K
60620 $1.4M
60653 $2.1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chicago fall within the 10,000+ square foot range.

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