Will Chicago Sell Land to Plug Its' Budget Problem?

The Chicago Sun-Times reports on Chicago budget woes :

Ald. Bernard Stone (50th) said he’s not at all convinced that a property tax increase is inevitable. Instead, Stone wants the city to do an inventory of what he believes is more than $1 billion worth of surplus land, then sell it off at a public auction that would get the property back on the tax rolls.

I guess they are making more real estate.