City Land Sales Approved for South and West Sides

March 14, 2012

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Two churches and a pair of industrial businesses will expand their operations through a trio of City-owned land sales approved today by City Council.


New Life Covenant Church
Greater Grand Crossing’s New Life Covenant Church will purchase a former industrial structure at 7522 S. Greenwood Ave. and rehabilitate it as a community youth center.

Currently vacant, the three-story structure will be sold for its appraised value of $65,000. The center will provide onsite mentoring programs and day care services to the surrounding community.

Centennial Missionary Baptist Church
Grand Boulevard’s Centennial M.B. Church will purchase a vacant lot at 4402-04 S. Michigan Ave. and use it as a parking lot.

Located across the street from the church, the lot will be sold for the appraised value of $17,500.


Lumber Street, LLC
Sixteen parcels of City-owned land on the Lower West Side will be sold to Lumber Street LLC for future industrial purposes.

Located at 825-833 W. 22nd Pl., 824-832 W. 23rd St., 825-847 W. 23rd St. and 2338-2362 S. Lumber St., the parcels will be sold for their combined, appraised value of $750,000.

The parcels will be used for the operational needs of two affiliated companies: Truong Enterprises Inc. and Halsted-Lumber Street LLC.

 

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