Chicago, IL 60637 6337 S Martin Luther King Drive
$699,000
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.
Home Details
This site is located in a Federal 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. 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! 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
Bathrooms
Total Baths
Other Interior Features
Street SuffixDrive
General for 6337 S Martin Luther King Drive
Additional Parcels Y/NYes
CityChicago
CountyCook
Current UseCommercial
Days on Market8
DirectionsTake Martin Luther King Dr. directly to the property. It is 1/4 block south of 63rd Street.
Elementary School District299
High School District299
MLS AreaCHI - Woodlawn
Middle/Junior School District299
Percent OwnershipFee Simple
PossessionClosing
Possible UseCommercial, Condominium, Development, Multi-Family, Retail, Special Use
Property TypeLand
Property TypeLand
Standard StatusActive
StatusActive
Tax Annual Amount49791.61
Tax Year2022
TownshipHyde Park
UtilitiesElectric to Site, Gas to Site, Water to Site
Waterfront Y/NNo
ZoningCOMMR
Exterior for 6337 S Martin Luther King Drive
Frontage Length224
Frontage TypeCity Street
Lot Dimensions124 X 224
Road Surface TypeAsphalt
Additional Details
Price History
