Share This Listing

Message

918 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Constructed in 2015 with modern systems and LEED Gold certification.
  • Located along Milwaukee Avenue with strong transit access (CTA bus and Blue Line).
  • Purpose-built educational facility with 33 classrooms and full amenity package.
  • Flexible zoning supports commercial, residential, or mixed-use potential (subject to approvals).

Executive Summary

2989 N. Milwaukee Ave presents a compelling opportunity to acquire a fee simple interest in a ±80,471 SF institutional-quality facility in Chicago’s rapidly evolving Logan Square/Avondale corridor. Constructed in 2015, the four-story building sits on a 1.036-acre site and is currently a purpose-built educational facility with infrastructure designed for immediate occupancy. The asset is being offered subject to offer, providing flexibility for both owner-users and investors. Owner-users benefit from immediate control of a high-quality, move-in-ready property, eliminating lease rollover and development risk, while investors gain optionality for repositioning or adaptive reuse, including potential residential or mixed-use conversion subject to zoning and approvals. The property is located along a highly active corridor experiencing continued residential growth, rising incomes, and increased development activity, supporting long-term appreciation potential and sustained demand.

Property Facts

Sale Type Investment or Owner User
Property Type Specialty
Property Subtype School
Building Class B
Lot Size 1.04 AC
Building Size 80,471 SF
No. Stories 4
Year Built 2015
Parking Ratio 0.63/1,000 SF
Zoning B3-3 - Both B3-3 and RS-3 Zoning
Parcel Numbers
Multiple
  • 13-26-112-057-0000
  • 13-26-112-016-0000
  • 13-26-112-053-0000
  • 13-26-112-058-0000
  • 13-26-112-056-0000
  • 13-26-112-017-0000

Amenities

  • Signage
  • Air Conditioning
  • Backup Power / Generators
  • Locker Room
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
  • Listing ID: 40977470

  • Date on Market: 6/18/2026

  • Last Updated:

  • Address: 2989 N Milwaukee Ave, Chicago, IL 60618

Contact the Sale Advisor

2989 N Milwaukee Ave - ASPIRA Business & Finance High School

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}