Chicago, IL 60637 6337 S Martin Luther King Drive
$399,000
Presented By: Coldwell Banker Realty
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 2,376
Home Details
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.
Presented By: Coldwell Banker Realty
Interior Features for 6337 S Martin Luther King Drive
Other Interior Features
Street SuffixDrive
General for 6337 S Martin Luther King Drive
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseCommercial
Days on Market335
DirectionsTake Martin Luther King Drive to 6337 south.
ElectricNone
Gross Income
Leasable Area
Lot Size Square Feet27776
MLS AreaCHI - Woodlawn
Net Operating Income
NumberOfUnitsTotal1
PossessionClosing
Property SubTypeFree Standing Store
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusPrice Change
Stories1
Tax Annual Amount49791
Tax Year2022
Tenant PaysVaries by Tenant
UtilitiesElectric to Site, Gas to Site, Water to Site
Year Built1999
ZoningCOMMR
Exterior for 6337 S Martin Luther King Drive
Building Area Total2376
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions149 X 224
Additional Details
Price History
