Get Il Negotiated Sale Of Redevelopment Project Area Properties - City Of Chicago

This guide provides a clear, step-by-step approach to filling out the IL Negotiated Sale of Redevelopment Project Area Properties application form online. It is designed to assist users of all experience levels in successfully completing this important document.

Follow the steps to complete your application form effectively.

1. Use the ‘Get Form’ button to obtain the application and open it in your preferred online editor.
2. Begin by filling out the 'Property Identification' section. Include the street address of the property you wish to purchase, along with any known tax parcel identification numbers (PINs). Specify whether the property is currently vacant land or improved with a building and indicate its type (commercial, industrial, residential, etc.).
3. Provide detailed information about the land area and current zoning designation of the property. Ensure that this data is accurate to facilitate the review process.
4. In the 'Applicant Information' section, enter your name, business name, and address. Include your contact information such as phone number, fax number, and email address.
5. Indicate the type of business entity you are representing. This may include options like nonprofit corporation, partnership, or limited liability company. Also, list other individuals or entities that have an ownership interest in your business.
6. Describe your real estate development experience, highlighting any projects involving the sale of City land or financial aid from the City. If applicable, include your residential developer license.
7. Next, move to the 'Purchase and Redevelopment Proposal' section. Specify your proposed purchase price, identifying if it is based on market value or a stated price. Additionally, provide details about adjacent properties you may control.
8. Describe the type of redevelopment proposal you are planning, whether it be commercial, residential, or mixed-use. Follow this with a concise project narrative outlining timing, scope, and intended users of the property.
9. Provide information on the building area, including existing structures and any proposed new construction or additions, along with a detailed breakdown of units if applicable.
10. List any public benefits anticipated from your project, noting specific details like affordable housing units and additional services that may be offered.
11. If applicable, state whether you are requesting any government assistance, detailing the type and amount requested for your project.
12. Ensure all necessary attachments are included with your application as specified in the checklist, such as the sources and uses of funds, site plans, and economic disclosure statements.
13. Finally, sign and date the application. Certify that all provided information is true and complete, signifying your authority to submit the application on behalf of your project.
14. Once the form is completed, save any changes made. You may then download, print, or share the completed form as necessary.

Complete your document online today and take the next step toward your redevelopment project.