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TO: Mayor John Laesh
FROM: Patrick J. Collins, Assistant Corporation Counsel
DATE: October 14, 2025
SUBJECT:
Resolution authorizing the divestment and sale of City owned commercial property located at 1531 E. New York St., Aurora, IL 60505.
PURPOSE:
Attached is a resolution authorizing the divestment of City owned commercial property located at 1531 E. New York St. (Permanent Index Number 15-24-352-028) to Julia C. Dumitrescu for $50,000. Property will be developed into an automobile repair, maintenance, and shop.)
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, the Law Department, and Dolan & Murphy, Inc. all worked in conjunction to identify vacant buildable City owned lots to then market and sell the lots for development.
DISCUSSION:
In March 2025, the City listed the property for sale with Dolan & Murphy, Inc. for $60,000, property was appraised for $60,000. The City received an all cash offer from Ms. Dumitrescu, along with proof of funds. Ms. Dumitrescu plans to construct an automobile repair, maintenance, and shop, 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 new business will be constructed. The City will no longer have to maintain the property.
RECOMMENDATIONS:
Staff recommends approval
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
title
A Resolution authorizing the divestm...
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