Vacant Lots On Chicago Blocks, Just $1 Each
Chicago is practically giving away land: vacant lots for just $1 each. The catch? To buy one, you must already own a home on the same block.
Like many U.S. cities, Chicago has struggled with what to do with a growing number of empty lots in the wake of the foreclosure crisis. Efforts to develop affordable housing or urban farms have had some mixed results.
So Chicago officials and community development advocates hope the vacant lot program can help spark a renewal in some of the city’s most blighted areas.