The City of Chicago has approved the sale of city-owned properties at 3666 S Indiana Ave, 3806 S Wabash Ave, and 437 E 45th Pl to Lisa Wentzel, Brent Matthews, and Caryce Porter under the ChiBlockBuilder platform. The buyers intend to develop residential properties, contributing to the city's housing expansion efforts. The approval, introduced by Mayor Brandon Johnson, was finalized on February 19, 2025.
This decision facilitates urban residential growth, repurposing underutilized land for housing projects. It supports local development and enhances neighborhood revitalization.