The City Council of Chicago approved the sale of a city-owned vacant lot located at 513 E 44th Place to McBrearty Construction Inc. for a purchase price of $19,200. The property was acquired by the City through foreclosure of demolition liens and tax sales, and its sale was facilitated via the ChiBlockBuilder platform, a program designed to market and sell vacant city-owned parcels for development. McBrearty Construction Inc. was selected based on an evaluation of their development experience, project plans, and financial capacity. A key condition of the sale mandates that the buyer constructs a project on the lot, obtains all necessary permits (including zoning approvals if applicable), and provides proof of financing within six months of the ordinance's passage and approval; otherwise, the ordinance will be null and void. The market value of the lot was assessed by CBRE Group, Inc. as of April 13, 2025.