Chicago, IL 60637 6337 S Martin Luther King Drive
$399,000



Presented By: Coldwell Banker Realty
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
General for 6337 S Martin Luther King Drive
Additional Parcels Y/NYes
CityChicago
CountyCook
Current UseCommercial
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
OwnershipFee Simple
PossessionClosing
Possible UseCommercial, Development, Multi-Family, Retail
Property TypeLand
Property TypeLand
Standard StatusActive
StatusActive
Tax Annual Amount48857.66
Tax Year2023
TownshipHyde Park
UtilitiesNatural Gas Available, Water Available
Waterfront Y/NNo
ZoningCOMMR
Exterior for 6337 S Martin Luther King Drive
Frontage Length224
Frontage TypeCity Street
Lot Dimensions124 X 224
Road Surface TypeAsphalt
Total Parking0
Additional Details
Price History
