The eighth round of the city’s Large Lots land sale program will open the first week of December, making approximately 4,000 vacant, city-owned lots on the South, Southwest and West sides available for residents to purchase for $1. The program, geared toward local property owners, launched in 2014.
“Over the last four years, Large Lots has put hundreds of vacant lots back into productive uses that help to build neighborhood wealth, improve safety and enhance community cohesion,” said Mayor Rahm Emanuel.
All sales are intended to support residential uses, with most lots being planned as side yards, community gardens or landscaped open spaces.
To qualify as a buyer, an applicant must own property on the same block, be current on property taxes and have no outstanding debt to the city, among other requirements. Up to two lots are available per application, and are sold on an “as-is” basis.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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