Hilco Real Estate to Sell Elgin’s Fox River Country Day School Campus
NORTHBROOK, lll.–()–The Fox River Country Day School campus in Elgin, Illinois, will be
auctioned by Hilco Real Estate. January 20, 2012, has been set as the
final date to receive sealed bids. The campus, which is located
proximate to Interstate Highway 90, adjacent to the Fox River, features
10 buildings totaling 87,000 square feet set on approximately 62 wooded
acres.
“This is a truly unique property and investment opportunity”
Most notable among the school’s structures is the Neil Building, built
in 2005, which housed the school’s assembly hall and kindergarten
through-5th grade classrooms. The 20,460 square foot, prairie
style facility emulates the hallmarks of famed architect and Frank Lloyd
Wright protégé, John Van Bergen, who designed, among others, the
school’s administration building, constructed in 1929. Other buildings
feature a gym and pool, a fully equipped library and dining hall, and an
arts crafts center.
Operating in Elgin since 1923, Fox River Country Day School began as a
working farm to educate and assist depression-era orphaned children,
largely from the Chicago stock yards. Through the years, the school
evolved into a boarding and day school, educating local, regional, and
even international students. In June 2011, the school announced it would
discontinue operations. In November, the school filed Chapter 11
bankruptcy.
“This is a truly unique property and investment opportunity,” said
Geoffrey Schnipper, Vice President of Dispositions at Hilco real estate.
“The existing infrastructure needs little or no work to become a
turn-key solution for an educational, religious, or camp-related
owner-occupant. The setting and existing infrastructure would also adapt
well to a medical, rehabilitation, long-term care, or specialty care
Article source: PRNewswire
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