The South Suburban Land Bank and Development Authority will facilitate the redevelopment of acquired properties through strategic partnerships with developers, community organizations, lenders, and local governments to improve quality of life, stabilize the tax base, and enhance economic activities that promote sustainable, healthy, and stable communities in a manner consistent with local government plans and priorities.
Click Here or see below for Map of SSLBDA Available Properties
Transit Oriented Development (TOD) Opportunities:
- 15644 S Cicero, Oak Forest IL (commercial property to be redeveloped - across from new Metra Station's parking lot - additional properties may be available)
22353 Governors Highway, Richton Park (commercial property and adjacent vacant acreage to be redeveloped - across the street from Metra station)
14700 Harvard, Dolton (13 acres - vacant residential TOD development potential near 2 Metra stations with frontage on Little Calumet)
- 406 Suwanee, Park Forest IL (two bedroom single family home)
UNDER CONTRACT: 2336 Union St. #1, Blue Island IL (one bedroom condo - downtown Blue Island across from the Hospital)
130 Warwick, Park Forest (vacant residential lot)
2414 Apache, Sauk Village (three bedroom single family home)
UNDER CONTRACT: 3003 224th Pl., Sauk Village (three bedroom single family home)
UNDER CONTRACT: 3642 Morgan, Steger (three bedroom single family home)
21408 Peterson, Sauk Village (townhouse)
1604 216th Pl., Sauk Village (vacant residential lot)
14960 S Pulaski # 3, Midlothian (two bedroom condo)
2042 Grove, Blue Island (three bedroom single family home)
15209 S Halsted, Phoenix (vacant lot for redevelopment)
17507 Butternut Rd, Hazel Crest (three bedroom single family home)
207 E Clinton St, Joliet (single family home)
15028 Dorchester, Dolton (4 unit apartment building)
14431 Irving, Dolton (single family home)
UNDER CONTRACT: 14347 Woodlawn, Dolton (three bedroom single family home)
30 Residential Lots in Las Fuentes Subdivision in Richton Park
31 W 34th St, Steger (4 unit mixed use)
3244 Sangamon, Steger (three bedroom single family home)
14500 Lawndale, Midlothian (three bedroom single family home)
4525 Saratoga, Richton Park (three bedroom single family home)
If you are an owner occupant homebuyer ask us about buying a renovated property.
***If you are interested in a property, please complete our online Property Purchaser Application here: SSLBDA Property Purchase Application
or visit our Available Properties & Projects page to view the application.
Please contact us for more information: firstname.lastname@example.org
REQUEST FOR QUALIFICATIONS: REALTORS, BROKERS, AND REAL ESTATE BROKERAGE FIRMS
The South Suburban Land Bank and Development Authority is requesting qualification statements from licensed Realtors, Brokers and Real Estate Brokerage Firms for Real Estate Marketing, Acquisition and Consulting Services. Qualification period is rolling.
Please open the attached PDF below for details.
REQUEST FOR QUALIFICATIONS - Realtors - Brokers - Firms 5-28-14.pdf
SSLBDA AG Contract - Final Execution Copy 3-11-2014.pdf
The SSLBDA was made possible by a Department of Housing and Urban Development Sustainable Communities Grant to the South Suburban Mayors and Managers Association (SSMMA), and with ongoing support from the Illinois Attorney General's Bank Foreclosure Settlement and the JP Morgan Chase Foundation.