Riverside Elementary School District 96 is interested in buying a house across the street from L.J. Hauser Junior High School, but has not been able to agree on a price with the seller.
At the school board’s finance committee meeting on Aug. 5, Zack Zayed, District 96’s director of finance and operations, told the school board that the district had made an offer for the house at 74 Woodside Road, but the offer had been rejected.
“I made an offer. They countered and it’s still too high,” Zayed told the school board. “I don’t think it’s worth what they’re asking for it.”
The 1,508-square-foot, four-bedroom, two-story frame house was built in 1882 and sits on a nearly half-acre lot. The asking price is $396,000. Zayed declined to say what price District 96 offered and what the seller countered with. The real estate agent with the listing, Didi Hanni, did not return a call requesting comment.
According to the real estate listing, the home is in need of substantial repair and is being marketed as a tear-down opportunity.
It is not clear what District 96 would do with property should it be purchased, but Zayed mentioned that the property could be used for administrative offices, a kindergarten center or a parking lot.
Earlier this year the district considered renting a building on Ogden Avenue for administrative offices but decided not to do so after some objected to the building’s location.
District 96 officials are looking to free up space for additional classrooms as enrollment appears to be growing and the district is starting a new early childhood education program this year.