Ordinance O2024-0012537
Passed
Non-Routine
City Matters
City Business
Getting and Giving Land
Sale of City-owned property at 3024 S Tripp Ave to Alejandra Melo under ChiBlockBuilder platform
Auto-generated summary
The City of Chicago sells vacant land through ChiBlockBuilder, with market value assessments by CBRE Group, Inc. Advertised in the Chicago Tribune, properties are offered in multiple categories. Side yard buyers must meet qualifications and, if there's more than one eligible applicant, a randomized lottery is held. The ordinance authorizes the sale of city lots in the side yards category, with purchase prices representing 10% of the market value assessment. The Mayor is authorized to execute the sale of each lot in its 'as is' condition.
