Sale of vacant City-owned property at 531 N Laramie St to Roman Castrejon and Jasmine Castrejon under ChiBlockBuilder Side Yard Program
The City of Chicago's Department of Planning and Development used ChiBlockBuilder to sell city-owned lots, with side yard buyers subject to specific qualifications and a randomized lottery in case of multiple eligible applications. Buyers agreed to purchase lots for 10% of the market value assessment, a process recommended by the Chicago Plan Commission. Properties were sold in their 'as is' condition, with a deed restriction requiring improvement as a landscaped side yard and a minimum ownership period of five years.
Sponsor | Ward | |
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Johnson, BrandonPrimary Sponsor |