Ordinance O2025-0015546 - Chicago Councilmatic

Sale of City-owned property at 2929 W Washington Blvd to 2929 W Washington LLC under ChiBlockBuilder platform for construction of market-rate housing project

Auto-generated summary

Chicago sells tax-free vacant land via ChiBlockBuilder, with prices based on CBRE Group's assessments. 2929 W Washington LLC bought a city lot for a $97,422 housing project, meeting qualifications and accepting a deed restriction. The sale's closing conditions include a six-month deadline, extendable at the Commissioner of the Department's discretion.

	Sponsor	Ward
	Johnson, BrandonPrimary Sponsor

History

Date	Legislative body	Action
Date 2025-03-12	Legislative body Chicago City Council	Action Passed
Date 2025-03-05	Legislative body Committee on Housing and Real Estate	Action Recommended to Pass
Date 2025-02-19	Legislative body Chicago City Council	Action Referred
Date 2025-02-19	Legislative body Chicago City Council	Action Introduced

Locations mentioned

2929 W Washington Blvd Chicago

Legislation text

Download PDF

Ordinance O2025-0015546 Passed

Auto-generated summary

Sponsors

History

Locations mentioned

Legislation text

Additional Documents

Tools