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  • Price$699,000
  • Built1999

6337 South Martin Luther King Drive, Chicago

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.

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Essential Information

  • MLS® #11918077
  • Price$699,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1999
  • TypeCommercial Sale
  • Sub-TypeRetail/Stores
  • StatusActive
  • Taxes$49,791

Interior

  • CoolingNone

Additional Information

  • Days on Market184
  • ZoningCOMMR

Community Information

  • Address6337 South Martin Luther King Drive
  • AreaCHI - Woodlawn
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60637

Exterior

  • ExteriorBrick
  • FoundationConcrete Perimeter

Listing Details

  • Listing OfficeColdwell Banker Realty

Price Change History for 6337 South Martin Luther King Drive, Chicago, IL (MLS® #11918077)

Date Details Price Change
Active (from New) – –
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Listing information last updated on May 3rd, 2024 at 4:23pm CDT.