Zoning Page

City Sells Vacant Lot for $120,000 to Facilitate 6-Unit Residential Development

  • When: 2025/11/14
  • Address: 4840 S. St. Lawrence Ave., Chicago, IL
  • City: Chicago
  • State: IL
  • Category: City Properties
  • Subcategory: Property Sale
  • Asset Class: Multifamily
  • Property Type: Townhomes
  • Size (SF): 6250 SF
  • Size (AC): 0.14 AC
  • Size (Units): 6 Units
  • Size (Dollars): $1,433,000
  • New Zoning: RM-5
  • Previous Zoning: RM-5

The Chicago City Council approved the sale of a city-owned vacant lot at 4840 S. St. Lawrence Ave. to developer Jaroslaw Madry for $120,000. The sale was facilitated through the city's ChiBlockBuilder platform, which aims to sell vacant municipal parcels for development. Madry plans to construct two 3-unit residential buildings on the 6,250 SF site, creating a total of six new housing units. Each building will contain three 2-bedroom, 2-bathroom units and a 3-space parking garage. The total estimated project cost is $1,433,000, and no zoning change was required for the RM-5 zoned property.

Source

Applicant - Jaroslaw Madry


Jaroslaw Madry

Ownership - City of Chicago


Developer - Jaroslaw Madry


Jaroslaw Madry