6337 S Martin Luther King Drive, Chicago, IL 60637

  • $699,000
  • $699,000
6337 S Martin Luther King Drive, Chicago, IL 60637
  • Land
  • Property Type
For Sale
6337 S Martin Luther King Drive, Chicago, IL 60637
  • $699,000
  • $699,000

Overview

Property ID: 12685055
  • Land
  • Property Type

Description

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.

  • Address 6337 S Martin Luther King Drive
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60637
  • Country United States

Details

Updated on August 25, 2024 at 1:12 pm
  • Property ID: 12685055
  • Price: $699,000
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: MRD11922879
  • Office Name: COLDWELL BANKER REALTY
  • Agent Name: Bruce Heller
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD10115
  • List Agent MLSID: MRD111203
  • List Date: 2023-11-02T21:29:19.000Z
  • Tax Annual: 49791.61
  • Tax Year: 2022
  • County: Cook

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