Accidentally bought a vacant lot in chi with too many back taxes

[Sarang Gupta]

In my Naivety, I purchased an empty lot in Chicago back in 2018 with over $2000 in back taxes. Since then, I've paid $550 in fees, and probably accrued over $1200 in additional taxes (total probably ~$3200 outstanding). This property (7245 S Champlain) is worthless and I'd like to get rid of it so that I don't have to pay these taxes. Currently it looks like they have gone into collections which could hurt my credit, but I'd rather just give up the property/let the city take it in exchange for the taxes....

Would love advice on what my options are at this point.. If I could donate the property and get the ~$4000 tax write-off without paying the taxes that would be the best