Chicago International Charter School Acquires Former St. Felicitas Church Campus For $1.7M

The former St. Felicitas Church Campus located at 8400 South Blackstone Avenue in Chicago was sold for $1,700,000. The property encompasses 2 acres and consists of a school asset type with a total square footage of 90,000. The transaction occurred in the Chicago market.

Summary of transaction details:

• Property Type: School
• Transaction Amount: $1,700,000
• Address: 8400 South Blackstone Avenue
• Market: Chicago
• Asset Size: 2 acres
• Square Footage: 90,000
• Price per Square Foot: $19
• Buyer: Chicago International Charter School (CICS)
• Brokers: Paul Cawthon & Angelo Labriola - SVN Chicago Commercial

The deal was brokered by SVN Chicago Commercial, representing the interests of both Paul Cawthon and Angelo Labriola. Chicago International Charter School had been leasing part of the site since 2002 for its CICS Avalon campus, and this transaction ensures their long-term presence in the community while enabling potential campus expansion in the future.