January 28th, 2022

A Special New Bulletin
  • The Cook County Property Tax Scavenger Sale
  • An Invitation from the Chicago Community Trust


COOK COUNTY SCAVENGER SALE

In anticipation of the next Cook County Scavenger Sale, which begins February 14, 2022, The Chicago Community Trust has partnered with Chicago Cityscape to create a first-of-its-kind Scavenger Sale Portal. Cityscape is a homegrown community and real estate information platform that accelerates equitable development and investment in Chicago's overlooked neighborhoods.
 
The Scavenger Sale Portal will help you locate and evaluate the development and investment potential of the 31,000 properties up for auction at the Scavenger Sale. People who are interested in acquiring a Scavenger Sale property must register in person at the Cook County Treasurer's office by February 4, 2022. 

Under Illinois law, the Cook County Treasurer's Office conducts a Scavenger Sale of tax delinquent properties every two years. The sale brings revenue to the City's tax roles and returns properties to productive use.  Properties with three or more years of delinquent taxes are sold for cash bids; bids offered can be less than the total amount of taxes and interest due, and the highest bidder wins
a lien on the property.

Delinquent taxes for 2001 through 2018 will be offered at the Scavenger Sale beginning at 8 AM on February 14th, 2022. The sale will be conducted from 8 AM to 3 PM daily and expected to be completed by March 2nd, 2022.

For information and how to register online, click here.
A Special invitation from The Chicago Community Trust....

The Trust is sponsoring a limited number of 12-month Cityscape memberships for emerging real estate professionals, community organizations, and mission-minded developers that will give full access to the platform.

The membership will give property searchers even more tools to investigate properties in the Scavenger Sale, the surrounding neighborhoods, and nearby properties. Cityscape also provides members information about financial and development incentives, market fundamentals, and zoning capabilities. 

CLICK to complete this brief questionnaire to apply for a Trust-sponsored Cityscape membership. Priority will be given to individuals and organizations in disinvested communities and emerging professionals of color in community development or the real estate industry. This includes community development corporations, chambers of commerce, SSAs, and nonprofit and affordable housing organizations. Cityscape will evaluate applications
with input from the Trust’s Catalyzing Neighborhood Investment team. 

We encourage you to share this opportunity with mission-minded organizations and developers in your network. 

For questions regarding Trust-sponsored Cityscape membership and navigating the portal, contact Casey Smagala, Casey@ChicagoCityscape.com. For questions regarding the Scavenger Sale process, visit the Cook County Treasurer's website

Michael Davidson 
Senior Director of Community Impact
The NW Connection Chamber of Commerce - a Place Making Generalist agency for the City of Chicago Business Affairs Neighborhood Business Development Center - is funded to provide assistance to the Cragin, Hermosa, Humboldt Park, and North Austin Communities.