Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
44 Properties Within 0.5 miles of: 6337 S Martin Luther King, Chicago

6337 S Martin Luther King
Chicago, IL 60637

Price

$399,000

Est Payment
$6,175 / month (details)  
Taxes
$49,792  
Type
Land  
Sq. Ft.
n/a  
Lot Size
124 X 224  
Neighborhood
West Woodlawn  
MLS
#11922879
Status
Expired

Property 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.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Schools
District 299

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

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
grid
Register to see 3 more properties