Update: the map below has been superseded by this map.
Last November the City of Chicago put up 3,844 vacant residential lots for sale to adjacent property owners for just $1. The city received 2,841 applications.
Many applicants received status letters in April. Some people who passed the screening in April then received rejection letters in July, owing to either a failure to complete the application properly or pay all city bills, or in some cases, because the the lot was “reserved by the alder for future development”.
This month, the first of (at least) three steps to close the deal on an unspecified number of Large Lots will happen.
The Chicago Plan Commission will review and approve the sale of 952 city-owned parcels at their September 20th meeting (agenda PDF).
The next step is to get approval from the City Council’s Committee on Housing and Real Estate, which will meet on Wednesday, September 27. After that committee, the full City Council will vote to approve.
Once the sales are approved, applicants will be at the closing and receive a “quit claim” deed from the city. They’ll pay 2018 property taxes on it starting in 2019. The Large Lots website will then be updated with a map showing which properties were and weren’t sold.
Here’s what other projects are going to be reviewed at the Plan Commission.
Are you excited to get your new property? What do you plan to build or grow on it?