Ordinance O2025-0015989
Active
Non-Routine
City Matters
City Business
Getting and Giving Land
Sale of City-owned property at 557 N Central Ave to Territory NFP under ChiBlockBuilder platform for neighborhood gathering space
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The City of Chicago's Department of Planning and Development, in partnership with CBRE Group, Inc., launched chiblockbuilder.com, a platform for selling vacant city-owned property based on market value assessments. Eligible buyers, including residents, non-profit organizations, or next-door business owners, were required to submit a project plan, show community support, and commit to completing projects within one year. The application period ran from April 1 to May 17, 2024, with public notices published in the Chicago Tribune.
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Additional Documents
- City-owned Parcel Sale Transmittal Letter 3-12.pdf
- O2025-0015989 EDS.pdf
- O2025-0015989 Exhibit A - Legal Description, Buyer, Purchase Price and Project.pdf
- O2025-0015989 Exhibit B - Competing Proposals.pdf