6337 South Martin Luther King Drive, Chicago, IL

$699,000

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About 6337 South Martin Luther King Drive

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.

Features of 6337 South Martin Luther King Drive

MLS® # 11918077
Price $699,000
Bathrooms 0.00
Acres 0.00
Year Built 1999
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 6337 South Martin Luther King Drive
Area CHI - Woodlawn
City Chicago
County Cook
State IL
Zip Code 60637

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 183
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map