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Chicago Sells City-Owned Lots to NeighborSpace for Open Space Development

  • When: 2025/02/19
  • Address: 7027-7029 S Princeton Ave, 5537 S Justine St, Chicago, IL
  • City: Chicago
  • State: IL
  • Category: City Properties
  • Subcategory: Land Sale
  • Asset Class: Land
  • Property Type: Placemaking

The City of Chicago has approved the sale of two vacant city-owned properties at 7027-7029 S Princeton Ave and 5537 S Justine St to NeighborSpace under the ChiBlockBuilder platform. The project aims to improve the properties by converting them into open spaces that benefit the community through green space development and urban beautification. The approval, introduced by Mayor Brandon Johnson, was finalized on February 19, 2025.

Why it Matters

This initiative supports sustainable land use by repurposing vacant lots into green spaces, promoting environmental benefits, and enhancing neighborhood livability.

Source

Applicant - NeighborSpace