Sale of City-owned property at 1313 S Talman Ave to Talman Street LLC under ChiBlockBuilder platform for new construction of three-flat residential building

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Chicago's ChiBlockBuilder, assessed by CBRE, sold 1313 South Talman Avenue to Talman Street LLC for a market-rate housing project, subject to a deed restriction, for $10,493.00 between April 1 and May 17, 2024, and on July 1, 2024. Buyers had to meet Neighborhood Design Guidelines, pay property taxes, and conform to zoning requirements. The sale was publicized in the Chicago Tribune.

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