City of Milwaukee - File #: 251264

• File #: 251264
• Version: 0
• Type: Resolution
• Status: In Committee
• File created: 11/25/2025
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Title: Resolution authorizing the acceptance of an unsolicited offer to purchase from 3706 Property Investments, LLC for the City-owned tax deed property at 4500-06 West Burleigh Street, in the 7th Aldermanic District.
• Sponsors: ALD. JACKSON

Date	Ver.	Action By	Action	Result	Tally
11/25/2025	0	COMMON COUNCIL	ASSIGNED TO

Number
251264
Version
ORIGINAL
Reference
190649
Sponsor
ALD. JACKSON
Title
Resolution authorizing the acceptance of an unsolicited offer to purchase from 3706 Property Investments, LLC for the City-owned tax deed property at 4500-06 West Burleigh Street, in the 7th Aldermanic District.
Analysis
This resolution authorizes the sale of City-owned Development Property according to the conditions in a Land Disposition Report pursuant to Sections 304-49-3-b-1, 309-49-11 and 304-49-6, Milwaukee Code of Ordinances.
Body
Whereas, The City of Milwaukee (“City”) acquired the tax deed property at 4500-06 West Burleigh Street (the “Property”) on November 7, 2017 through property tax foreclosure; and

Whereas, The City listed the Property for sale on its website and through MLS; and

Whereas, Common Council File No. 190649 authorized the sale to another interested buyer, however, closing never occurred; and

Whereas, 3706 Property Investments, LLC (the “Buyer”), or its assigns, submitted an offer to purchase the Property and rehabilitate it as summarized in a Land Disposition Report, a copy of which is attached to this Common Council File; and

Whereas, Section 304-49-3 of the Milwaukee Code of Ordinances (“MCO”) allows the City of Milwaukee (“City”) to accept offers with the approval of the Common Council; and

Whereas, Section 304-49-11 of the MCO allows the City to sell properties when the City receives fair compensation, whether monetary or non-monetary; and

Whereas, The Buyer’s offer represents fair compensation for the Property due to the Property having severe deferred maintenance and being a blighting influence on the neighborhood; and

Whereas, The Buyer seeks to purchase the property so that business activity and affordable residential uses can be added to the 7th Aldermanic District; and

Whereas, The Department of City Development (“DCD”) has reviewed the Buyer’s offer and has determined that the offer represents fair compensation to the City; now there...