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 |
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Price | $399,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Year Built | 1999 |
Type | Commercial Sale |
Sub-Type | Retail/Stores |
Status | Price Change |
Community Information
Address | 6337 South Martin Luther King Drive |
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Area | CHI - Woodlawn |
City | Chicago |
County | Cook |
State | IL |
Zip Code | 60637 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | None |
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Fireplace | No |
Has Basement | No |
Exterior
Exterior | Brick |
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Foundation | Concrete Perimeter |
Additional Information
Days on Market | 338 |
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Zoning | COMMR |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Coldwell Banker Realty |
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