The City Is Selling More Vacant Lots For A $1 Each
By Kate Shepherd in News on Sep 11, 2015 5:19PM
Roseland and Pullman residents will soon be able to buy designated vacant lots in the neighborhoods for $1 through the city's Large Lots program, the Tribune reported.
286 vacant lots in Roseland and 20 in Pullman will be available via application starting Sept. 15 through Oct. 31.
Large Lots has sold more than 430 lots in Englewood and East Garfield Park since it launched in early 2014. The sale of 90 available lots in Austin is still waiting for approval by the City Council.
Applications are open to individuals and non-profits such as block clubs that own property on the same block as the vacant lot. The city will accept one application per property deed. Applicants must not have outstanding debt to the city and be up-to-date on property tax payments.
Buyers are responsible for paying property taxes on the lot, maintaining it and putting a fence around it if it's not adjacent to the buyer’s property. They are free to sell it after five years.