CONTRACTPENDING

Chicago Realty Ventures to Redevelop Elgin Properties

City of Elgin city logoCity of Elgin city
Disclosed value
$301,835
From agenda
Document date
Sep 25, 2024
Term
5 years

The 30-second brief

What it covers

Redevelopment Agreement with Chicago Realty Ventures, Inc. for the Redevelopment of 11-15 Douglas Avenue and 17 Douglas Avenue, Elgin, Illinois. The City agrees to provide the Developer monetary development assistance of two hundred thirty four thousand five hundred twenty five and 00/100 Dollars ($234,525.00) plus a contingency fund in the amount of sixty seven thousand three hundred and ten and 00/100 Dollars ($67,310.00).

Who holds it

Chicago Realty Ventures holds this redevelopment contract with City of Elgin city.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Redevelopment
Amount
$301,835
Document date
September 25, 2024
Term
5 years
Source document
city_of_elgin_council_agenda_september_25_2024.pdf (Agenda)

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Questions about this contract

Who was awarded the redevelopment contract by City of Elgin city?

Chicago Realty Ventures was awarded this redevelopment contract by City of Elgin city, as recorded on September 25, 2024. The contract value is $301,835.

How much is the Chicago Realty Ventures contract with City of Elgin city worth?

The Chicago Realty Ventures contract with City of Elgin city is valued at $301,835, covering redevelopment work.

What type of contract is this?

This is a Redevelopment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_elgin_council_agenda_september_25_2024.pdf (Agenda), dated September 25, 2024 from City of Elgin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Chicago Realty Ventures hold?

Chicago Realty Ventures may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Elgin city currently buying?

Explore City of Elgin city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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