Ordinance O2025-0014965 - Chicago Councilmatic

Sale of City-owned property at 2866 W 23rd St to VCG Developers LLC under ChiBlockBuilder platform for residential, multi-family three-unit building

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Chicago sells land on ChiBlockBuilder, with CBRE Group setting prices. VGC Developers bought a lot for $11,856 during an Application Period, advertised in the Chicago Tribune. The sale, approved by the City Council and Mayor, includes a deed restriction and a quitclaim deed, overseen by the Corporation Counsel, replacing inefficient direct sales.

	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

Ordinance O2025-0014965 Passed

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