Builders / Investors - Your Ontpinion: How-2 Sell WHP Chicago Lot

[Joanne Basecki]

Hello, I am back to the BB forum after a few years. Also back to the RE market in general, hoping for a solid advise ref Chicago market and WHP in particular. Thanks in advance!

I own a vacant lot there, free and clear, no debt. However I have never been to Chicago and more I read about it less I know (:

There is a brand new construction across the street from my lot. I thought this might be a sign of the neighborhood "turning around". Also, the location is close to a major intersection, touching some gov owned land as well, a land which I could have but did NOT purchase during the $1 program. 

I decided to sell the lot. Noticed other lots nearby for sale, just like mine or similar and priced mine accordingly. I wonder if a builder could take advantage of gov programs in the area to end up with a nice size land and ROI via building and selling condos. However I am trying to sell throughout the entire summer without any real offers. Any advise? Is there a strategy I should be aware of? Any specific website with ads selling land rather than buildings? Does anyone buy land before winter? Does price in this case even matter much?