Homewood has initiated the process of purchasing 17924 Halsted St., the building immediately south of PetSmart, from the Cook County Land Bank. Village officials hope to find a developer to restore or replace the structure. (Eric Crump/H-F Chronicle)
Business, Local News

Homewood board approves purchase of Halsted Street office building

The Homewood Village Board approved the purchase of a three-story office building at 17924 Halsted St. during the June 9 meeting, authorizing village officials to move forward with the acquisition of the property from the Cook County Land Bank Authority (CCLBA).

According to Homewood Village Manager Napoleon Haney, the CCLBA previously had set the property’s targeted selling price at $50,000 through a Broker’s Opinion of Value, but village staff negotiated a lower sale price of…

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