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Chicago Sells City-Owned Lot for Market-Rate Single-Family Home Development

  • When: 2025/02/19
  • Address: 1424 N Kildare Ave, Chicago, IL
  • City: Chicago
  • State: IL
  • Category: City Properties
  • Subcategory: Land Sale
  • Asset Class: Detached Housing
  • Property Type: Single Family Residential

The City of Chicago has approved the sale of a city-owned property at 1424 N Kildare Ave to Neelam Dwivedi and Pashupati Nath under the ChiBlockBuilder platform. The buyers plan to develop a two-story market-rate single-family home with a garage. The approval, introduced by Mayor Brandon Johnson, was finalized on February 19, 2025.

Why it Matters

This decision promotes private homeownership and infill development in Chicago. It supports the city's housing goals while revitalizing underutilized properties.

Source

Applicant - Neelam Dwivedi and Pashupati Nath