$399,000 $2,142 est/mo Sourced by Back At You
6337 S Martin Luther King Drive , Chicago, IL 60637
Chicago, IL 60637
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.
Details
| MLS# | 12222525 |
|---|---|
| Listing Type | For Sale |
| Style | Land |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 38 |
| Listing Provided By | Coldwell Banker Realty | Bruce Heller |
Features
| Zoning | COMMR |
|---|
Market Activity 60637
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60637 |
| Area | CHI Woodlawn |
| School District | 299 |
| Elementary School | 299 |
| Middle School | 299 |
| High School | 299 |
| Listing VS Median (in 60637) | |
Price: $399,000 low | high Med: $47,250 On Site: 38 low | high Med: 26.000000 | |
Listing Updated: January 7, 2025 at 1:53:09 PM PST