6337 S. Dr. Martin Luther King Dr.
Chicago, IL
Retail for Sale - $699,000 - 2,376 Sq. Ft. on 0.64 acres
Agent Info
| Bruce Heller Coldwell Banker Realty |
Property Info
| CIMLS# | 1151962 |
| Location 6337 S. Dr. Martin Luther King Dr. Chicago IL 60637 | |
| Updated | November 27th, 2023 |
| Type | Retail |
| Price | $699,000 |
| Building | 2,376 Sq. Ft. |
| Land | 0.64 acres |
Property Description
This site is located in a Federal Opportunity Zone as well as a City of Chicago TIF District If developed there are anticipated tax credits as a Transit Oriented Development site. 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 +/- 50 car parking OR 2) this can be a 27,776 SF (124 x 224) Development site. The property has multiple tax benefits! It is currently zoned B3-3. The property is vacant and has been emptied of all restaurant equipment. This will be an "AS IS" sale.
