FREQUENTLY ASKED QUESTIONS

 

HOW DO YOU DECIDE WHAT TO BUY?

 

      We typically follow suggestions contained in the Business District Improvement Plan for 111^th & Kedzie, a twenty-year master plan funded by the City of Chicago in 1997.  It recommends areas best suited to new development, rehabilitation, parking improvements and landscape enhancements.

 

 

WHAT PROJECTS HAVE YOU UNDERTAKEN?

1. 2000 – Introduced the USPS to property owners on the northeast corner of 111^th & Homan and suggested a shared parking lot

2. 2001 – Performed significant building renovations at 3255-57 W. 111^th St .

3. 2004 – Assembled four lots for the developer to complete the Signature Corner

4. 1998- 2006 – Assembled seven lots, demolishing five dilapidated structures on the north side of 111^th St. between Sawyer and Spaulding

5. 2007 – Sold seven lots to developer for new construction

 

WHAT ARE YOU CURRENTLY WORKING ON?

 

            We are always interested in considering properties that are for sale in redevelopment areas, contacting potential tenants, and speaking with developers and investors.     

 

     In the works today, is the renovation of 12,500 s/f on the southwest corner at 111^th St. & Whipple.     

 

 

WHEN WILL WALGREENS BREAK GROUND?

 

     We believe they are “Coming Soon”, perhaps as soon as Fall 2008.

 

WHAT IF I HAVE AN IDEA FOR IMPROVEMENT?

 

     Contact us! We’ll be happy to follow up on any leads or ideas. Call, fax, email, or stop by the office. 

 

HOW CAN I GET INVOLVED?

 

    Contact the office or any director for an application.

 

    Directors serve for three years. Terms expire September 1, and can be renewed one time.  The full Board meets monthly on the second Wednesday at 5 p.m.  Committee meetings are determined as needed.  Ethics Agreements are required.