CHICAGO-A former branch of the Chicago Public Library is being offered for sale to nonprofit developers willing to create space for social service users, such as a day care center. The city’s department of planning and development has put out a request for proposals for a 14,450-sf building at 2450 N. Sawyer Ave. in the Logan Square neighborhood.

The city’s most recent appraisal of the property, which includes a 12,100-sf site zoned RS-3, is $816,000. However, no minimum price has been set for the 53-year-old, three-story building.

Among the uses the city would like to see at the southwest corner of Sawyer and Altgeld avenues include day care or social service centers. Proposals are due Jan. 12. The department of planning and development says proposals from for-profit developers will be rejected.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.