Ordinance O2025-0014962 - Chicago Councilmatic

Sale of City-owned property at 1424 N Kildare Ave to Neelam Dwivedi and Pashupati Nath under ChiBlockBuilder platform for new two-story market-rate residential, single family home with garage

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The City of Chicago uses ChiBlockBuilder to sell vacant city-owned properties, with market value assessments provided by CBRE Group, Inc. Nath Construction LLC purchased 1424 N. Kildare Avenue for a market-rate housing project for $21,000, subject to certain qualifications and a deed restriction. The sale had closing conditions, including a six-month closing period, and required the approval of an ordinance. The property's market value assessment was $18,930.

	Sponsor	Ward
	Johnson, BrandonPrimary Sponsor

History

Date	Legislative body	Action
Date 2025-02-19	Legislative body Chicago City Council	Action Passed
Date 2025-02-18	Legislative body Committee on Housing and Real Estate	Action Recommended to Pass
Date 2025-01-15	Legislative body Chicago City Council	Action Referred
Date 2025-01-15	Legislative body Chicago City Council	Action Introduced

Locations mentioned

1424 N Kildare Ave Chicago

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Ordinance O2025-0014962 Passed

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