Park Forest — Ch. 18 Art. III Housing § 18-322
Acquisition
Operative Text
The board of trustees may authorize the village manager to enter into an agreement to acquire any parcel of real estate improved with a dwelling unit upon presentation of: (1) Evidence that serious harm to the village and the immediate neighborhood has resulted or is likely to result from the existence of any one of the conditions set forth in section 18-321 ; and (2) A current appraisal report by an independent appraiser; provided, however, the board shall not be obligated to pay as the purchase price therefor the appraised value of the property.
Park Forest Village Code Ch. 18 Art. III § 18-322 establishes a process by which the village government may acquire privately owned residential property. The board of trustees can authorize the village manager to negotiate a purchase agreement when evidence shows that conditions described in § 18-321 have caused or are likely to cause serious harm to the village or surrounding neighborhood, and when an independent appraisal has been obtained. Notably, the village is not required to pay the full appraised value as the purchase price.
Plain English — not legal advice.
Under § 18-322, property owners should be aware that the village of Park Forest holds authority to initiate acquisition of residential properties where conditions outlined in § 18-321 are found to pose a serious harm risk. Operators who maintain their properties in compliance with applicable housing standards are generally less likely to face circumstances that would trigger this provision. Owners who receive notice of potential acquisition proceedings may wish to consult with a real estate or municipal law attorney to understand the process and their rights regarding valuation.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Section 18-322 of the Park Forest Village Code gives the village government a mechanism to acquire residential properties where serious housing conditions exist, which can affect tenants living in those properties. If a tenant believes conditions at their residence rise to the level described in § 18-321, they may consider contacting the village's housing or code enforcement office to report those conditions. Tenants facing displacement concerns related to a potential village acquisition may find it helpful to reach out to a local tenant-rights organization for general information about their rights during such a process.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 9, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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