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Chicago Public Schools Opens Bidding on 21 Vacant Properties

The district aims to generate $8 million and cut $2 million in annual maintenance costs, with bids due by May 30.

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Overview

  • Chicago Public Schools is auctioning 20 former school buildings and one vacant lot, most closed since 2013, to reduce costs and encourage redevelopment.
  • Bids for the properties, which include deed restrictions on certain uses, must be submitted by May 30, 2025.
  • The district hopes to raise up to $8 million from the sales while addressing $2 million in yearly upkeep expenses for the vacant sites.
  • Wadsworth Elementary, a prominent site with a $3 million minimum bid, previously served as a migrant shelter, highlighting community debates over redevelopment priorities.
  • South Shore High School has been removed from the auction at the city's request for further planning, reflecting ongoing stakeholder influence in the process.