About 6337 South Martin Luther King Drive
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.
Features of 6337 South Martin Luther King Drive
MLS® # | 11922879 |
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Price | $699,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Type | Land |
Sub-Type | Land |
Status | Active |
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
Fireplace | No |
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Has Basement | No |
School Information
District | 299 |
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Additional Information
Days on Market | 314 |
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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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