Plan Approved to Sell Another 142 Vacant Properties Through $1 Lot Program

December 12, 2018

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One hundred and forty-two City-owned lots across the West and South sides will sold for $1 each to local property owners under a plan approved by City Council today.

“The dollar lots program is transforming vacant lots into community assets for neighborhoods across the City,” Mayor Emanuel said. “Empowering residents to invest and develop in their own communities strengthens neighborhoods and makes them better places to live, work and raise a family.”

The lots were advertised in early 2018 through the Department of Planning and Development’s Large Lots program, which makes vacant, City-owned lots available to qualifying property owners for $1.

Typically sized at about 3,125 square feet, the properties will be sold “as-is” via quit claim deeds to applicants who successfully applied to the program. Most lots are being planned as green space, gardens or related uses.

Nearly 1,250 lots have been sold through the Large Lots program to date. Applicants were required to own property on the same block, be current on their property taxes and have no outstanding debt to the city, among other requirements. Up to two lots were available per application.

A new, six-week application round is projected to start later this month. Visit LargeLots.org for more information.

 

 

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