OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT MAYOR
February 24, 2021
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner of Planning and Development, I transmit herewith ordinances authorizing the sale of city-owned properties.
Your favorable consideration of these ordinances will be appreciated.
ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of government by virtue of the provisions of the Constitution of the State of Illinois of 1970 and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, Cement 3 LLC, an Illinois limited liability company (the "New Owner"), recently acquired the property and improvements located at 1900 S. Prairie Avenue, Chicago, Illinois, as legally described on Exhibit A attached hereto (the "Prairie Avenue Property"), from Chicago Title Land Trust Company, as Successor Trustee of Lakeside Bank, under Trust Agreement dated July 1, 1999, and known as Trust No. 10-2023 (the "Land Trust"); and
WHEREAS, the beneficiaries of the Land Trust are Tracy Bairn and Marcy Bairn (collectively with the Land Trust, the "Prior Owners"); and
WHEREAS, the Prior Owners acquired the Prairie Avenue Property in 1978; and
WHEREAS, the Prairie Avenue Property is improved with a single-family residence known as the Keith House and a coach house; and
WHEREAS, the Keith House is an 1870's Chateauesque-style Victorian mansion and is located in the Prairie Avenue Historic District; and
WHEREAS, the City is the owner of a 1,767 square foot (10 ft. x 176.67 ft.) strip of land along the northern boundary of the Prairie Avenue Property (the "City Strip"), which is depicted in the photographs and drawings attached as Exhibit B; and
WHEREAS, the City Strip is part of a larger PIN (17-22-308-036-0000) that, along with other land (the "Neighboring Park Parcel"), is known today as the Chicago Women's Park ...
Click here for full text