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Chicago Sells City-Owned Lot for Three-Unit Residential Development

  • When: 2025/02/19
  • Address: 2819 W Walnut St, Chicago, IL
  • City: Chicago
  • State: IL
  • Category: City Properties
  • Subcategory: Land Sale
  • Asset Class: Multifamily
  • Property Type: Workforce Housing

The City of Chicago has approved the sale of a city-owned property at 2819 W Walnut St to Shreya Singh under the ChiBlockBuilder program. The buyer plans to construct a three-unit multifamily residential building, providing additional housing options in the neighborhood. The approval, introduced by Mayor Brandon Johnson, was finalized on February 19, 2025.

Why it Matters

This decision supports urban housing development and contributes to Chicago’s housing expansion efforts. It enhances residential density and offers additional housing opportunities in the area.

Source

Applicant - Shreya Singh