65 ILCS 5/11-74.2-2
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.2-2)Sec. 11-74.2-2.         As used in this Act unless the context requires  otherwise:(a) "Real property" means lands, lands under water, structures, and  any and all easements, franchises and incorporeal hereditaments, estates  and rights, legal and equitable, including terms for years and liens by  way of judgment, mortgage or otherwise.(b) "Commercial blight area" or "blight area" means any improved or vacant area of not  less in the aggregate than 2 acres located within the territorial limits  of a municipality where, if improved, industrial, commercial and  residential buildings or improvements, because of a combination of 5 or  more of the following factors:  age; dilapidation; obsolescence; deterioration; illegal use of individual  structures; presence of structures below minimum code  standards; excessive vacancies; overcrowding of structures and community  facilities; lack of ventilation,  light or sanitary facilities; inadequate utilities; or excessive land  coverage; deleterious land use or layout; depreciation or lack of physical  maintenance; lack of community planning,  are detrimental to the public safety, health, morals or  welfare, or if vacant, the sound growth of the area is impaired by, (1)  a combination of 2 or more of the following factors: obsolete platting of  the vacant land; diversity of ownership of such land; tax and special assessment  delinquencies on such land; deterioration of structures or site improvements  in neighboring areas to the vacant land, or (2) the area immediately  prior to becoming vacant qualified as a blighted improved area.(c) "Commercial project" means any building or buildings or building  addition or other structures to be newly constructed, renovated or  improved and suitable for use by a commercial enterprise or an entity  engaged in providing housing  and ancillary services, and includes the  sites and other rights in the land on which such buildings or structures  are located.(d) "Commercial conservation area" or "conservation area" means any  area located within the territorial limits of the municipality, of not  less, in the aggregate, than 2 acres in which 50% or more of the  structures have an age of 35 years or more. Such an area is not yet a  blight area but because of a combination of 3 or more  of the following  factors: dilapidation; obsolescence; deterioration; illegal use of  individual structures; presence of structures below minimum code  standards; abandonment; excessive vacancies; overcrowding of structures  and community facilities; lack of ventilation, light or sanitary  facilities; inadequate utilities; excessive land coverage; deleterious  land use or layout; depreciation of physical maintenance; or lack of  community planning, is detrimental to the public safety, health, morals  or welfare and such an area may become a blight area.(e) "Commercial redevelopment plan" or "redevelopment plan" means  the comprehensive program for the clearing or rehabilitation and  physical development of a commercial blight or conservation area, and  includes an analysis and projection of the steps necessary for the  elimination or rehabilitation of a commercial blight or conservation  area and the protection of adjacent areas, and all administrative,  funding and financial details and proposals necessary to effectuate the  plan.(f) "Redevelopment area" means the blighted or conservation area of  not less in the aggregate than 2 acres, to be developed in accordance  with the redevelopment plan.    (Source: P.A. 82-783.)