City of Chicago to sell off 2,000 vacant lots on South and West sides for fraction of value

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City of Chicago to sell off 2,000 vacant lots on South and West sides for fraction of value
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Six years ago, Mekazin Alexander bought a 6,000-square-foot lot several houses down from where she owns a home in Englewood.

She bought the lot as part of Large Lots, a program initially spearheaded by Englewood residents and adapted by the city in 2015.

But the biggest difference: Instead of costing $1, lots will be sold for at least 10% of the market rate, a change that has enraged some residents. The list of allowed uses for the lots includes market-rate or affordable housing, side yards for homeowners living adjacent to those vacant lots; commercial and mixed-use developments; and open space, such as parks or gardens.

"What we really want to focus on is bringing a lot more transparency to the land sale process," she said, citing the program website and application process."We know that there’s a huge need for housing in Chicago and particularly on the South and West sides. We’re seeing an exodus of people from the city and so we’re trying to facilitate opportunities for more housing development.

Mike Tomas, the president of the Garfield Park Community Council and a resident of East Garfield Park, where 42 of 468 lots will go up for sale, applauded that all the lots being sold have passed environmental reviews, saving buyers months of time and thousands of dollars. Craig Chico, president of the Back of the Yards Community Council in the New City community area, where 404 of 499 lots are going up for sale, said not having a plan in place for the lots wasn’t an issue.

He just hopes to be able to find subsidies that locals as well as nonprofits like the community council can use to help purchase lots.

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