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PROPOSED SALE OR PURCHASE OF REAL ESTATE
Department(s): Legal Department
Other Part(ies): The Catholic Bishop of Chicago, an Illinois Corporation Sole (Owner of Record) Request: It is respectfully requested that this proposed purchase be approved.
Description of Real Estate: 19220, 19300, & 19330 South Cottage Grove, Glenwood, Cook County, Illinois
Section: N/A
Parcel(s): 32-10-400-006-0000, 32-10-400-007-0000, & 32-10-400-008-0000
PARCEL 1:
LOT 1 IN FAIRWAYS OF GLENWOOD, BEING A SUBDIVISION IN PART OF THE EAST HALF OF THE NORTHEAST QUARTER AND PART OF THE SOUTHEAST QUARTER OF SECTION 10, TOWNSHIP 35 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.
ALSO,
PARCEL 3:
THE NORTHWEST QUARTER (EXCEPT THE SOUTH 355 FEET OF THE EAST 614 FEET THEROF) AND (EXCEPT FAIRWAY OF GLENWOOD SUBDIVISION) OF THE SOUTHEAST QUARTER OF SECTION 10, TOWNSHIP 35 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.
ALSO,
PARCEL 4:
THE SOUTH 355 FEET OF THE EAST 614 FEET OF THE NORTHWEST QUARTER (EXCEPT FAIRWAYS OF GLENWOOD SUBDIVISION) OF THE SOUTHEAST QUARTER OF SECTION 10, TOWNSHIP 35 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.
SAID PARCELS CONTAINING 4,535,467.2 SQUARE FEET OR 104.12 ACRES, MORE OR LESS.
Fiscal Impact: $1,040,000.00 purchase price plus closing costs up to $10,000.00 (up to $1,050,000.00 in total)
Accounts: Real Estate and Land Acquisition Fund 51006.560010; and Grant Fund 51010.560010
District(s): 5
Summary: The Forest Preserves of Cook County (the "Forest Preserves") has identified three (3) parcels of land for acquisition that would add to the Forest Preserves' current holdings near Sweet Woods (the "Property"). The Property, commonly known as 19220, 19300, & 19330 S Cottage Grove Avenue, Glenwood, Cook County, Illinois, consists of approximately 104.12 ? acres. The Property has natural and fallowed land and contains a part of Deer Creek.
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