The City of Chicago approved the sale of a city-owned lot at 4028 S. Ellis Ave. to Chicago Crane Commercial, LLC for $345,000. The developer plans to construct an 8-unit masonry condominium building with a 7-space parking garage on the 11,160 SF site. The project, located in the Oakland community, has an estimated cost of $5.29 million. The property was sold through the city's ChiBlockBuilder platform, which markets vacant city-owned land for development. The approved project is consistent with the existing RM-5 zoning. The final action was passed by the City Council on November 14, 2025.