This site includes several contiguous vacant parcels at the corner of 5th Avenue and Kedzie Avenue, located just two blocks east of the historic Garfield Park. The area is well-served by transit networks, and the site is located in an area where the City of Chicago is developing programs to reinvest in the neighborhood.
Link to the video recording of the information Meeting (2018/02/23)
Chicago sites media coverage :
City of Chicago
McKinley Park News
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Local zoning law allows for a wide variety of uses, such as multi-family residential units and ground-floor retail/commercial spaces. The City will consider zoning amendments to allow other innovative uses that enhance Chicago‘s workforce and residential opportunities.
The parcels are owned by the City of Chicago.
The parcels for this competition involve two concentrations of city-owned, vacant lots
located on both the north and south sides of 5th Avenue at the corner of Kedzie Avenue.
The northeast corner lot spans from 3138-3158 W. 5th and 117-135 S. Kedzie, and has approximately 0.75 acres of land. The southeast corner lot spans from 3137-3159 W. 5th and 201-213 S. Kedzie, and has approximately 0.73 acres of land.
Type of property transfer intended
While the City’s preference is for redevelopment of both corner lots for this site, bidders may also propose to reactivate only one of the corner lots.The City intends to sell both sites to the winning bidder(s). Transfer of ownership of the site would follow the City’s negotiated sale process, which requires final approval from Chicago’s City Council and Mayor.