Hoping for ‘adrenaline boost’ in flagging neighborhoods, Cook County selling more than 4,000 vacant lots
By Corilyn Shropshire, Chicago Tribune | February 2nd, 2017
Aiming to curb Chicago’s vacant lot epidemic, the Cook County Land Bank Authority has made more than 4,000 once tax-delinquent vacant lots available for sale.
The 4,437 properties are available in 22 community areas, primarily on Chicago’s West and South sides and in 12 west and south suburbs, for $3,000 to $5,000. Many of the lots have sat vacant for a decade or more, and are among 8,000 tax-delinquent properties the land bank aims to sell to local developers, not-for-profits, block clubs and community organizations to help revive neighborhoods hit by the foreclosure crisis […]