Active

6337 S Martin Luther King Drive

Chicago IL, 60637

$699,000


Active

Land

Courtesy of Coldwell Banker Realty

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.

11922879

MLS ID

November 2, 2023

Listed

August 23, 2024

Updated

Map

6337 S Martin Luther King Drive
Chicago IL, 60637

School Information

School District

299

Other Property Details

Area Name

CHI - Woodlawn


Taxes

$49,792


Tax Frequency

Annually


Days on Market

290


Garage

No


Parking Total

0


View

No


County

Cook


Municipality

Hyde Park


Pool

No


Zoning

COMMR

Courtesy of Coldwell Banker Realty, Bruce Heller,
Listing Contact: 312-266-7000 

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Data last updated 6:52 PM UTC, 8/23/2024

 

 

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