Bid Title: Redevelopment of the Former City Hall Property
Category: City Manager's Office
Status: Open

Description:
The City of DeKalb is inviting proposals for the purchase and redevelopment of the entire city block described below for the purpose of returning the approximately 2.5 acres to the tax rolls. The City will be particularly interested in proposals that will remove all existing structures and create a new use that substantially increases the equalized assessed valuation of the property upon full buildout. 

Description: The City of DeKalb's former city hall at 200 S. Fourth Street was constructed in 1967 at the corner of S. Fourth Street and Grove Street in downtown DeKalb. Each of the three floors of the former municipal center is about 12,000 square feet in gross area. Over ensuing years, the City of DeKalb acquired the balance of the city block bounded by Grove Street to the north, S. Fifth Street to the east, Franklin Street to the south, and S. Fourth Street (IL Rt. 23) to the west. The property is in Tax Increment Financing (TIF) District #3.


Publication Date/Time:
6/24/2020 8:00 AM
Closing Date/Time:
7/20/2020 5:00 PM
Contact Person:
Bill Nicklas, City Manager
Phone: (815) 748-2391
Email: bill.nicklas@cityofdekalb.com
Business Hours:
M-F, 8a-5p
Fax Number:
815-748-2091
Related Documents:

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