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Sale of City-Owned Land to JD Housing LLC for 9 New Residential Units Approved in Chicago

  • When: 2025/07/16
  • Address: 1400-1408 E 65th Place, Chicago, IL
  • City: Chicago
  • State: IL
  • Category: City Properties
  • Subcategory: Property Sale
  • Asset Class: Multifamily
  • Property Type: Townhomes
  • Size (SF): 13467.9 SF
  • Size (AC): 0.128 AC
  • Size (Units): 9 Units
  • Size (Dollars): $265,500.00

The City Council of Chicago approved the sale of a vacant city-owned property at 1400-1408 E. 65th Place to JD Housing LLC. The property, acquired through foreclosure and tax sales, was offered via the city's ChiBlockBuilder program, which facilitates the sale of vacant lots for development. JD Housing LLC plans to construct three 3-story masonry buildings, each containing three three-bedroom units, totaling nine new residential units. The purchase price for the land was $265,500.00. The sale is subject to conditions including the buyer obtaining final construction plans, all necessary building and zoning permits, a plat of survey, and proof of financing.

Source

Applicant - JD Housing LLC


Ownership - City of Chicago


Developer - JD Housing LLC


Architect - S.K.L. Architecture