# Committee on Housing and Real Estate meeting, October 7, 2025

- When: Tue, Oct 7, 2025, 12:30 PM (Chicago time)
- Where: City Council Chamber, 2nd Floor, City Hall, 121 North LaSalle Street - Chicago, IL 60602
- Status: Scheduled & Published
- Committee: [Committee on Housing and Real Estate](https://www.chicagopolitics.org/committee/housing-and-real-estate)
- Video: https://vimeo.com/showcase/8928563?video=1121965489
- Transcript: [full text](https://www.chicagopolitics.org/files/transcripts/1121965489.txt) (14,377 words, automatic captions)

## Meeting notes

> AI-written from the transcript. Speakers are inferred from cues in the recording, so treat names as estimates and check the video at the linked time.

The Committee on Housing and Real Estate opened with a reminder of the rules of conduct and heard five public speakers, several of whom criticized members of the City Council and the mayor. The committee approved the Rule 45 report and recommended passage of all 20 agenda items, including a low-affordability community designation at 1840-1866 N. Marcy St., an affordable housing covenant for an SRO building at 1810 W. Jackson Blvd., city leases for EV fleet parking in Millennium Park garages, a CPS parking lot and the Greater Lawn Health Center, and numerous city land sales through the ChiBlockBuilder platform. Approved land sales included a mixed-use restaurant, performance and housing project at 47th and Vincennes, a release of three Kenwood parcels from a 2006 redevelopment agreement, and two Missing Middle housing clusters in North Lawndale. Members asked questions about lease costs and ownership of the Millennium garages, pricing of city land, and project financing, and the chair agreed to request a report from planning and housing departments on city-owned vacant lots.

Topics: city land sales, ChiBlockBuilder, affordable housing, SRO preservation, city leases, Missing Middle initiative, Bronzeville development, vacant lots

### Agenda items discussed

- [26:00](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=1560) Rule 45 report from September 24, 2025: passed
- [26:44](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=1604) Designation of 1840-1866 N. Marcy St. as low affordability community (32nd Ward): passed
- [29:05](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=1745) Substitute ordinance: affordable housing covenant and lien for SRO building at 1810 W. Jackson Blvd. (27th Ward): passed
- [31:17](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=1877) Lease agreement with Millennium Parking Garages LLC for city electric vehicle fleet parking and charging (42nd Ward): passed
- [39:36](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=2376) Intergovernmental agreement with the Chicago Board of Education for use of parking lot at 3500-3508 S. Wallace St. (11th Ward): passed
- [42:52](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=2572) Lease renewal with 4150 Partnership for the Greater Lawn Health Center at 4150 W. 55th St. (23rd Ward): passed
- [46:25](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=2785) Sale of city-owned property at 3256 W. Congress Pkwy. to Click Development LLC (28th Ward): passed
- [49:31](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=2971) Sale of city-owned side-yard parcels under ChiBlockBuilder in the 3rd, 4th, 9th, 15th and 18th Wards: passed
- [55:17](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=3317) Sale of city-owned property at 47th St. and Vincennes Ave. to Revere Properties Development LLC (3rd Ward): passed
- [1:00:41](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=3641) Sale of city-owned property at 1450-1452 W. 74th St. to Holistic Alliance for open space (17th Ward): passed
- [1:03:01](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=3781) Sale of city-owned property at 1142 W. Garfield Blvd. to Little Bear Holdings for a car wash (16th Ward): passed
- [1:10:10](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=4210) Release of three parcels at 4327 S. Ellis, 4320 S. Greenwood and 4347 S. Berkeley from a redevelopment agreement, with JRD LLC (4th Ward): passed
- [1:16:50](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=4610) Substitute ordinance: sale of city-owned property at 4100 S. Calumet Ave. (3rd Ward): passed
- [1:20:02](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=4802) Sale of city-owned property at 890 N. Sacramento Blvd. (36th Ward): passed
- [1:23:07](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=4987) Sale of city-owned property at 426 E. 42nd Pl. to KBM Holdings LLC (3rd Ward): passed
- [1:25:55](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=5155) Sale of city-owned property at 437-447 E. 42nd Pl. to KBM Holdings LLC (3rd Ward): passed
- [1:29:16](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=5356) Sale of city-owned property at 3923-3929 S. Vincennes Ave. to KBM Holdings LLC (4th Ward): passed
- [1:33:20](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=5600) Missing Middle initiative land sales for Clusters E and F on Christiana and Spaulding avenues (24th Ward): passed
- [1:43:43](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=6223) Sale of city-owned property at 949 W. 59th St. for gas station parking (16th Ward): passed
- [1:45:12](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=6312) Sale of city-owned property at 6913 S. Racine Ave. for laundromat parking (16th Ward): passed

### Alderpersons who spoke

- [Byron Sigcho-López](https://www.chicagopolitics.org/ward/25) (chair): Reminded the public of the rules of conduct for meetings and said disruptions would not be tolerated while all speakers would be heard. ([6:21](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=381)); Agreed to request a report from the planning and housing departments on progress of land sale programs and city-owned vacant lots. ([1:47:11](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=6431))
- [Scott Waguespack](https://www.chicagopolitics.org/ward/32) (alderperson): Explained that the low affordability designation for the 1840 N. Marcy project would allow the tax designation needed to build its affordable housing. ([27:42](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=1662))
- [Walter R. Burnett](https://www.chicagopolitics.org/ward/27) (alderperson): Described the 98-unit SRO at 1810 W. Jackson, which lacks full bathrooms, and said the covenant would allow rehab while keeping at least 30 percent of units affordable. ([29:34](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=1774)); Asked for the presentation and asked whether the private equity in the Missing Middle financing came from a private equity firm or another source. ([1:41:22](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=6082))
- [Jeanette B. Taylor](https://www.chicagopolitics.org/ward/20) (alderperson): Asked whether SRO tenants would remain during construction and how long the owner has held the property. ([30:19](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=1819)); Asked how many electric vehicles the city has, who uses them, and why city-owned space could not be used instead of leasing. ([33:57](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=2037)); Questioned why the city would pay rent for garages it owns, which staff explained is due to a long-term concession agreement. ([36:48](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=2208))
- [Pat Dowell](https://www.chicagopolitics.org/ward/3) (alderperson): Asked whether the city's garage parking rates are comparable to what the operator charges the private market. ([36:13](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=2173)); Spoke on the historic Palm Tavern corner, thanked the developer and planning staff, and asked colleagues to support the 47th Street project. ([59:24](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=3564)); Asked whether the principals of JRD LLC were affiliated with the original developer of the Kenwood parcels. ([1:14:50](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=4490))
- [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (alderperson): Asked whether the city would receive any payment from CPS for the parking lot now that CPS is becoming a separate budget entity. ([41:20](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=2480)); Asked how many units were included in the 3923 S. Vincennes project financing. ([1:32:52](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=5572))
- [Marty Quinn](https://www.chicagopolitics.org/ward/13) (alderperson): Asked whether there was a current appraisal on the Kenwood lots. ([1:15:54](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=4554))

### Exchanges between members

- [1:00:35](https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE?t=3635) The chair thanked Alderperson Pat Dowell for shepherding the 47th Street project.

## Documents

- [Summary](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/df1560f9-50af-4dc6-840a-3f9a7032dcec.pdf)
- [Agenda](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/2fdf1fe2-dcb1-4c2d-a3f8-0800cebbc1b1.pdf)
- [Notice](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/ec5fe20a-3eb8-43f1-9936-4d6070958a93.pdf)

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Source: https://www.chicagopolitics.org/meeting/B2D16653-BB98-F011-B4CB-001DD83074CE · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt