ASPIRA Business & Finance High School
ASPIRA Business & Finance High School is a purpose-built, 80,471 SF institutional-quality facility offered for sale on Chicago's rapidly evolving Milwaukee Avenue corridor between Logan Square and Avondale. Constructed in 2015 and designed for 1,000 students, the four-story building features Type I-B non-combustible construction, LEED Gold certification, and modern mechanical, electrical, and life safety systems. The property is priced upon request and represents a rare owner-user opportunity for an educational nonprofit or office tenant seeking immediate occupancy, long-term cost stability, and elimination of lease rollover risk.
The 1.036-acre site includes 51 on-site parking spaces and 4 loading spaces, with 110 feet of frontage on Milwaukee Avenue. The building layout comprises 33 classrooms, 25 private offices, a full commercial kitchen (±1,850 SF), cafeteria (±4,300 SF), library (±3,600 SF), gymnasium (75' x 50' with 33'9" ceiling heights), science labs, computer labs, weight room, and music room. Ceiling heights range from 9'4" to 10'0", with a 33.75-foot average. The property sits in a mixed-use corridor anchored by strong CTA Blue Line access—the #56 Milwaukee bus stops steps away, with Blue Line stations at Belmont (~1,730') and Logan Square (~2,635')—and benefits from approximately 18,000–23,000 vehicles per day on Milwaukee Avenue.
The neighborhood has transitioned from working-class to one of Chicago's most active, transit-oriented growth corridors. Within a half-mile, the median household income is $84,954 (projected to reach $96,845 by 2030), with 58.1% Hispanic population and a median home value of $463,121. One-mile demographics show 59,323 residents with a median income of $87,198 and median home value of $465,180. The area is experiencing sustained multifamily and mixed-use development, northward expansion of investment from Wicker Park and Bucktown, adaptive reuse activity, and expanding retail and dining amenities. Replicating a comparable facility today would be materially more costly and time-consuming, positioning this asset as a highly efficient solution for immediate occupancy.
- Purpose-built 2015 school facility with LEED Gold certification and modern building systems
- 33 classrooms, full commercial kitchen, cafeteria, library, gymnasium, and flexible administrative space
- Strong transit access: CTA #56 Milwaukee at building, Blue Line stations within walking distance
- 1.036-acre site with 51 parking spaces in supply-constrained, high-growth submarket
- Positioned in path of sustained residential densification and northward investment expansion from Logan Square
More property details
Features & amenities
Videos
Location
Located along Chicago's rapidly evolving Milwaukee Avenue corridor between the Logan Square and Avondale neighborhoods. The area has transitioned from historically working-class to one of Chicago's most active, transit-oriented growth corridors marked by younger, higher-income renters, rising household incomes, and continued residential densification.
- Strong CTA Blue Line access (#56 Milwaukee bus stops steps away, Blue Line Belmont ~1,730', Logan Square ~2,635'). Proximity to downtown employment centers. Expanding retail and dining ecosystem. High-demand, transit-oriented urban neighborhood.
Documents
Additional details
33 Classrooms, 25 Offices, 2 Conference, 2 Reception, Cafeteria, Library, Gymnasium, Lounge
LEED Gold Certified with green roof, daylight harvesting, and enhanced water and energy efficient systems
- Sustained Multifamily and Mixed-Use Development - consistent pipeline of mid-rise residential and mixed-use projects
- Transit-Oriented Density and Policy Support - development concentrated along Milwaukee Avenue and near CTA stations
- Northward Expansion of Investment - capital and tenant demand pushing north from Wicker Park/Bucktown
- Adaptive Reuse and Character Preservation - developers frequently incorporate existing structures and façade retention
- Public Infrastructure and Streetscape Enhancements - ongoing investment in bike infrastructure, pedestrian improvements, plaza activations
- Retail and Amenity Expansion - growth in grocery, fitness, entertainment and chef-driven dining
- Rent Growth and Demand Fundamentals - strong renter demand, limited for-sale housing supply, steady rent growth
- Affordability and Inclusion Measures - Affordable Requirements Ordinance (ARO) compliance and affordability initiatives
Neither Transwestern Real Estate Services nor Owner makes any representation or warranty as to the completeness or accuracy of the material contained in this Offering Memorandum. The information is proprietary and strictly confidential. Broker has not made any investigation regarding existing or potential income/expenses, contaminating substances, environmental conditions, compliance with regulations, physical conditions, or property size/square footage. Owner and Broker reserve the right to reject any expressions of interest and terminate discussions at their sole discretion.
Community Shopping District - allows wide range of retail, service, and commercial uses with residential and office permitted above ground floor. Base FAR 3.0, typically zero front setback, parking requirements may be reduced for TOD incentives.
Residential Single-Unit District - permits detached single-family homes on smaller lots with minimum 3,125 SF per dwelling unit. Low-density residential, modest setbacks, limited building height (30-35 feet), required on-site parking.
Green Roof with conventional membrane areas, supporting mechanical infrastructure, and efficient drainage
Combination of rooftop units and chilled-water air handling systems delivering zoned air conditioning
Central hydronic system with high-efficiency condensing boilers providing zoned hot water heating