Eight multi-unit buildings will be constructed in North Lawndale through the sale of eight City-owned lots and $3.75 million in financial support approved by City Council today.

To be developed as seven three-flats and one four-flat by Missing Middle Chicago LLC, the lots are part of the Department of Planning and Development’s Missing Middle Infill Housing initiative, which is incentivizing the construction of walk-up buildings that have gone “missing” due to decades of disinvestment.

The $4.8 million project will replace lots on the 3600 block of West Douglas Boulevard and nearby locations on South Springfield, Independence and Avers avenues. Consisting of approximately 30,000 square feet and valued at nearly $119,000, the lots are being sold for $1 each.

The developer was also approved to receive $150,000 in City bond proceeds for the construction of each unit within each building, ensuring purchase prices are commensurate with market rates. Each completed building will be sold to at least one owner-occupant as part of the initiative’s community wealth-building goals.

For more information, visit the Missing Middle website.