Flossmoor Advancing $50,000 Purchase From Land Bank
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Description
The Village of Flossmoor is poised to approve a $50,000 purchase from the Cook County Land Bank Authority for five office condominium parcels at 1835 Dixie Highway. The acquisition will enable eventual reconveyance to a private developer for redevelopment of the site.
Contract Details
Contract Amount
$50,000
Vendor
COOK COUNTY LAND BANK AUTHORITY
Agency
Flossmoor village, IL
Contract Type
OTHER
Document Date
May 4, 2026
Contract Term
Closing to occur within 30 days of purchase agreement execution; CCLBA must acquire property by 2026-08-01 before sale
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