The City Council has approved the sale of the city-owned property at 4943 W Ferdinand Ave to Hilda Dominguez and Custodio Mora Vargas under the ChiBlock Builder Program. This program aims to sell vacant city-owned land to private owners for the purpose of development, contributing to neighborhood revitalization and local investment.
This sale is crucial as it encourages neighborhood revitalization by putting vacant land into productive use. By transferring ownership to local residents, it promotes community-driven development and investment, enhancing the local economy and preventing blight.