Ordinance O2023-0004264
Passed
Non-Routine
City Matters
City Business
Getting and Giving Land
Negotiated sale of City-owned property at 4032 S Michigan Ave to Hyde Park Self Storage, Inc.
Auto-generated summary
Mayor Brandon Johnson's ordinance, reviewed by the Committee on Housing and Real Estate, proposes the $80,000 sale of 4032 S Michigan Ave to Hyde Park Self Storage, Inc., owned by Derrick and Jeffrey Spencer. The Spencers plan to develop a parking lot and open space, subject to Illinois Environmental Protection Agency’s Site Remediation Program. The sale, approved by the Chicago Plan Commission and Community Development Commission, and advertised in the Chicago Tribune, will be finalized with a quitclaim deed, subject to the City’s Corporation Counsel's approval, upon the ordinance's passage and approval.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Locations mentioned
Legislation text
Additional Documents
- O2023--0004264 EDS Redacted.pdf
- O2023-0004264 Exhibit A Legal Description_20230914172404.pdf
- O2023-0004264 Exhibit B Deed Form_20230914172611.pdf
- O2023-0004264 Sub Exhibit 2 to Deed - Site Plan_20230914173123.pdf