Active
6337 S Martin Luther King Drive
Chicago IL, 60637
$699,000
$294.19 per sqft
Active
2,376 sqft
Commercial
Built in 1999
Courtesy of Coldwell Banker Realty
This site is located in a Federal Opportunity Zone, It is 1/4 block from the 63rd & King Drive "EL" stop. There are several options for this location 1) Reuse this +/- 2,376 SF former fast food building with Drive-thru and +/- 40 car parking OR 2) this can be a 27,776 SF (124 x 224) Development site. The property has multiple tax benefits! In addition to the Opportunity Zone it is in a Federal Enterprise Zone and a City of Chicago TIF District. If developed there are anticipated tax credits as a Transit Oriented Development site. It is currently zoned B3-3. The property is vacant and has emptied of all restaurant equipment. This will be an "AS IS" sale.
11918077
MLSⓇ ID
November 1, 2023
Listed
September 17, 2024
Updated
Map
6337 S Martin Luther King Drive
Chicago IL, 60637
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
0.64 Acres
Other Property Details
Area Name
CHI - Woodlawn
Taxes
$49,791
Tax Frequency
Annually
Days on Market
291
Garage
No
View
No
County
Cook
Pool
No
Zoning
COMMR
Courtesy of Coldwell Banker Realty, Bruce Heller,
Listing Contact: 312-266-7000
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Data last updated 5:45 AM UTC, 9/17/2024
