Ordinance O2025-0014966 - Chicago Councilmatic

Sale of City-owned property at 27 N Pine Ave to Community First Foundation under ChiBlockBuilder platform for community-owned garden

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The City of Chicago, using ChiBlockBuilder, sold properties at 10% of CBRE Group, Inc.'s assessed market value to qualified buyers who agreed to improve the property and maintain ownership for five years. The Mayor or proxy is authorized to execute the sale. Buyers are obliged to improve the City Lot with an open space project, maintain it, and not transfer it for five years. The City conducted a limited environmental review, and properties are sold 'as is'.

	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

27 N Pine Ave Chicago

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Ordinance O2025-0014966 Passed

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