Negotiated sale of City-owned property at 2151 W Adams St to Sustainabuild LLC-2149 to consolidate with adjacent property for construction of multifamily building

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Mayor Brandon Johnson has requested the Chicago City Council to approve the sale of a city-owned property to Sustainabuild LLC for $80,000. The company's $1.7 million project involves constructing a 3-story, 6-unit multifamily building. The sale, approved by the Chicago Plan Commission and the Community Development Commission, is subject to conditions including Grantee's proof of financing and obtaining necessary permits. The sale may also trigger the Affordable Requirements Ordinance.

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Johnson, Brandon
Johnson, BrandonPrimary Sponsor

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