179 Lots in East Garfield Park Approved for $1 Sales to Local Property Owners
One hundred and seventy-nine parcels of vacant, City-owned land in East Garfield Park will be sold through the City's “Large Lots” program under a plan approved today by City Council.
The lots were offered for sale in the summer of 2014 during the second phase of the Department of Planning and Development’s Large Lots program, which makes vacant, City-owned land available for $1 to local property owners.
The properties in East Garfield Park will be sold “as is” via a quit claim deed.
The Large Lots program was the first initiative launched by the City as part of Mayor Rahm Emanuel’s Five Year Housing Plan, which will invest $1.3 billion in spending from 2014-2018 to create, improve, and preserve more than 41,000 units of housing.
Large Lots applicants are required to own property on the same block; be current on property taxes; and have no financial obligations to the City, among other requirements.
The program’s first phase was launched last spring in greater Englewood, where approximately 300 parcels were sold through the program. An additional 11 lots in Englewood will be included for approval with the East Garfield Park properties.
Applications were also accepted for lots in the Austin community through January. For more information, visit LargeLots.org.
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