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If Sold They Can Collect Property Tax On Them

Tuesday, November 29, 2016 8:18
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(Before It's News)

The problem is, like Detroit, They can’t give them away.

The wording on the headline makes one wonder. Are they trying to sell them for $1 each or a dollar for them all?

“4,000 vacant lots on sale for $1 to Chicago homeowners”

No, thank you

No, thank you

Chicago’s Large Lots Program, which sells vacant city-owned parcels to nearby homeowners for $1 each, is getting a lot larger.

More than 4,000 vacant lots will be put up for sale in 33 communities on the South and West sides, beginning Tuesday. Eligible buyers must own property on the same block as the vacant lot, be current on their property taxes and have no outstanding debt to the city.”

More at the Chicago Tribune

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