$399,000
6337 S Martin Luther King Drive
Chicago, IL, 60637
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.
Property Details
Price:
$399,000
MLS #:
MRD12222525
Status:
Active
Beds:
0
Baths:
0
Address:
6337 S Martin Luther King Drive
Type:
Land
Neighborhood:
CHI – Woodlawn
City:
Chicago
Listed Date:
Dec 5, 2024
State:
IL
ZIP:
60637
Schools
School District:
299
Interior
Exterior
Financial
Tax Year
2023
Taxes
$48,858
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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