Village of Homewood Agenda Packet 2026-06-09
Village to Purchase 17924 Halsted from County Land Bank
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Description
The Village of Homewood Board authorized the acquisition of a three-story commercial office building at 17924 Halsted Street from the Cook County Land Bank Authority for $40,000. The transaction will proceed per a signed term sheet, with a formal purchase and sale agreement to follow once prepared by the Village Attorney and CCLBA. The property is within the North Halsted TIF.
Contract Details
Contract Amount
$40,000
Vendor
COOK COUNTY LAND BANK AUTHORITY
Agency
Homewood village, IL
Contract Type
OTHER
Document Date
June 9, 2026
Renewal Info
Property is sold 'as is.' Ten percent of purchase price due within 30 days of executed term sheet. Sale contract to be approved at a future Board meeting. Title insurance included.
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