There are multiple listings for this address:
$699,000
6337 S Martin Luther King Drive
Chicago, IL, 60637
This site is located in a Federal Opportunity Zone, 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! In addition to the 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. The property is vacant and has emptied of all restaurant equipment. This will be an “AS IS” sale.
Property Details
Price:
$699,000
MLS #:
MRD11918077
Status:
Active
Beds:
0
Baths:
0
Address:
6337 S Martin Luther King Drive
Type:
Commercial
Subtype:
Free Standing Store
City:
Chicago
Listed Date:
Nov 2, 2023
State:
IL
Finished Sq Ft:
2,376
ZIP:
60637
Year Built:
1999
Schools
School District:
299
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Buyer Agent Compensation
2.5 – $ 495Gross Sale Price
Tax Year
2022
Taxes
$49,791
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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6337 S Martin Luther King Drive
Chicago, IL
$699,000
6337 S Martin Luther King Drive
Chicago, IL, 60637
This site is located in a Federal Opportunity Zone, 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! In addition to the 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. The property is vacant and has emptied of all restaurant equipment. This will be an “AS IS” sale.
Property Details
Price:
$699,000
MLS #:
MRD11922879
Status:
Active
Beds:
0
Baths:
0
Address:
6337 S Martin Luther King Drive
Type:
Land
Subtype:
Free Standing Store
City:
Chicago
Listed Date:
Nov 2, 2023
State:
IL
ZIP:
60637
Year Built:
1999
Schools
School District:
299
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Buyer Agent Compensation
2.5 – $ 495Gross Sale Price
Tax Year
2022
Taxes
$49,791
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
Map
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