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.
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Property Details
Utilities
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Additional Information
Schools
District 299
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Listing History
11-02-2023
Listed at $699,000
09-30-2024
Price decreased by $300,000 to $399,000
10-25-2024
Status changed to Expired
Last Modified 10/25/24 12:05 AM
Nearby Transportation
Bus 3
< 0.1 mi
Bus 63
0.1 mi
Bus 4
0.1 mi
Bus 59
0.3 mi
Bus 67
0.5 mi
Bus 5
0.5 mi
Bus 95
0.5 mi
Bus 29
0.5 mi
Bus 30
0.6 mi
Bus 2
0.7 mi
Bus 24
0.8 mi
Bus 169
0.8 mi
Bus 192
0.9 mi
Bus 171
0.9 mi
Bus 172
0.9 mi
Green Line
0.1 mi
Red Line
0.8 mi
I 90 East
0.6 mi
I 94 West
0.7 mi
I 94 East
0.7 mi
I 90 West
0.8 mi
Hwy 57
4.4 mi
I 55 North
4.4 mi
I 55 South
4.4 mi
Hwy 57
4.7 mi
For More Information
(312) 528-9200
For more information about 6337 S Martin Luther King, Chicago, IL 60637 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Coldwell Banker Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
