New magnet school planned for old Jefferson School in University Village

1407 S Emerald Ave, ChicagoFollowing months of lobbying by area residents, Chicago Public Schools approved a plan to open a new K-8 magnet school in the former Jefferson School at 1522 W Fillmore St in University Village, Chicago Journal reports. The STEM Magnet School would be the first academy in Chicago to emphasize science, technology, engineering, and mathematics, and could open as soon as this fall.

STEM will draw a majority of its students from neighborhoods throughout the city, but 40 percent of its enrollment will be reserved for children living in the neighborhood. It’s not certain where the school’s boundaries will fall, but looking generally at University Village as defined by Redfin (an area that includes Little Italy and the Medical District), there are more than 120 family-friendly homes (i.e., homes with two or more bedrooms) listed for sale in a variety of styles and a wide range of prices. They include:

  • Low price: Unit #918 at 1550 S Blue Island Ave, a short sale priced at $100,000. The 900 square-foot, two-bedroom / one-bath loft features “the most closet space of any in the building,” a balcony, a fully enclosed second bedroom, cherry hardwood floors, granite countertops, 42-inch cabinets, in-unit washer / dryer. Parking is included. Building amenities include a dog run, fitness center, Art Deco lobby and on-site manager and engineer. The home has been on the market since April, when it was listed for $152,000.
  • Median price: Unit #228 at 500 S Clinton St, priced at $300,000. The 1,500 square-foot, three-bedroom / two-bath loft features fully enclosed master and second bedrooms, a third bedroom with French doors, diagonal hardwood floors, granite countertops, maple cabinets, in-unit washer / dryer, and an oversized balcony. Heated, deeded parking is an additional $25,000. Building amenities include a 24-hour door staff, dry cleaning, and storage lockers. The home has been on the market since May, when it was listed for $310,000.
  • High price: A single-family home at 1407 S Emerald Ave (pictured), priced at $1.25 million. The 4,299 square-foot, five-bedroom / 3.5-bath home features oak floors and crown moldings, Kohler fixtures, Sub-Zero appliances, a kitchen / great room with fireplace, a completely finished lower level with a bedroom, wet bar, kitchen, rec room, and office, an off-kitchen deck, and a balcony off the second bedroom. The home has been on the market for three days; it last sold in April 2008 for $1,397,006.
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