Monthly Archives: January 2015

Cook County Land Bank may add 700-plus properties

By Mary Ellen Podmolik

More than 700 properties that have languished unused, some for almost two decades, may be grabbed by the Cook County Land Bank Authority to make them more attractive to developers.

The parcels — which are scattered around the county and include land zoned for residential, commercial and industrial use as well as vacant homes — are among 23,000 properties that have been offered for sale through the county’s scavenger tax sale, with no takers for at least two years.

The land bank believes the parcels would be desirable, were it not for delinquent property taxes that can total as much as $500,000.

“These are properties that have been sitting on this list for 17, 18, 19, 20 years and nothing has happened,” said Cook County Commissioner Bridget Gainer, chairman of the land bank.

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By |January 29th, 2015|News Articles, News articles on CCLBA|0 Comments

Turning the page to 2015

Dear Cook County Land Bank friends and supporters:

Happy New Year! 2014 was an exciting year for the Cook County Land bank and I want to thank you all for your continued support. With your help along with the leadership of the Board and staff, this first year in operation has brought many notable accomplishments.  We have established a solid foundation for the land bank and the development of an organization that will be able to take advantage of exciting new residential programs at Fannie Mae and truly regional economic development opportunities. As we evolve to take on more targeted neighborhood […]

By |January 13th, 2015|News Articles, News articles on CCLBA|0 Comments