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TO: Mayor John Laesch
FROM: Patrick J. Collins, Assistant Corporation Counsel
DATE: June 23, 2026
SUBJECT:
Resolution authorizing the divestment and sale of City owned properties located at 438 North Ave., Aurora, IL 60505
PURPOSE:
Attached is a resolution authorizing the divestment of City owned properties located 438 North Ave., Aurora, IL 60505 (Permanent Index Number 15-27-132-020) to Juan Gomez for $25,000. Property will be developed into a single-family homes.)
BACKGROUND:
In 2016 the City of Aurora began the process of divesting City Owned property to adjacent neighbors in order to reduce our inventory of vacant land. The City expanded that divestment process to reduce the City's overall inventory of vacant buildable lots. Working with multiple City departments, including Mayor's Office, Planning & Zoning, Revenue & Collections, Financing, Property Standards, Economic Development, Engineering, Building & Permits, Public Works, Parks & Recreations, and the Law Department, all worked in conjunction to identify vacant buildable City owned lots to then market and sell the lots for development.
DISCUSSION:
The City listed the property for sale on the MLS and City's website. The City received an all-cash offer from Mr. Gomez, and the parties negotiated on the price, settling on $25,000. A single-family home will be constructed on the parcel and construction will begin as soon as possible.
The property is currently exempt from real estate taxes, and the City is incurring maintenance and landscaping fees.
IMPACT STATEMENT:
Property will be back on the tax rolls and a single-family home will be constructed. City will no longer have to maintain the property
RECOMMENDATIONS:
Staff recommends approval.
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
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A Resolution authorizing the divestment and sale of City owned properties located at 438 North Ave., Aurora, IL 60505.
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WHEREAS, the City of Aurora...
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