Development site in an Opportunity Zone and TIF district

6337 S Dr Martin Luther King Jr Dr, Chicago, IL 60637

  • For Sale $699,000
  • Property Type Retail
  • Property Size 2,376 SF
  • Lot Size 27,776 SF
  • # of Floors 1
  • Parking Spaces Avail. 50
  • Date Updated Apr 28, 2024
  • Website www.cbcworldwide.com
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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Bruce Heller

Coldwell Banker Realty

(312) 320-8245

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable
  • Transit Score ®

    70/100 Excellent Transit
  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood West Woodlawn
  • Zip Code 60637
  • Market Chicago

Points of Interest

  • King Drive

    0.08 miles

  • Cottage Grove

    0.49 miles

  • 63rd

    0.82 miles

  • 69th

    0.88 miles

  • Garfield

    1.12 miles

  • Garfield

    1.36 miles

  • 59th Street (University of Chicago)

    1.48 miles

  • Halsted

    1.51 miles

  • 51st

    1.60 miles

  • Stony Island

    1.67 miles

  • Marathon

    0.44 miles

  • Mobil

    0.60 miles

  • Citgo

    0.64 miles

  • Citgo

    0.64 miles

  • ChargePoint

    0.68 miles

  • BP

    0.76 miles

  • Shell

    0.85 miles

  • Mobil

    0.88 miles

  • Citgo

    0.93 miles

  • Mobil

    0.95 miles

  • Campus South Parking

    0.66 miles

  • Parkiing / Mat Mgmt

    0.82 miles

  • Medical Campus Parking Garage A

    0.88 miles

  • Medical Campus Parking Garage B

    1.04 miles

  • Lexington Parking Lot

    1.13 miles

  • Garfield Park & Ride

    1.17 miles

  • Campus North Parking Garage

    1.31 miles

  • Dorchester Parking Lot

    1.34 miles

  • Ashland/63rd Park & Ride

    2.49 miles

  • Lot L

    3.32 miles

  • Babas Halal

    0.08 miles

  • 2 Potz & A Pan Eatery

    0.38 miles

  • Subway

    0.50 miles

  • Daley's Restaurant

    0.51 miles

  • Conscious Plates

    0.54 miles

  • Krispy Krunchy Chicken

    0.60 miles

  • Dunkin'

    0.76 miles

  • Church's Chicken

    0.82 miles

  • Au Bon Pain

    0.85 miles

  • Arley D. Cathey Dinning Commons

    0.88 miles

  • Woodlawn Fresh Market

    0.08 miles

  • Save-A-Lot

    0.14 miles

  • City Sports

    0.54 miles

  • Jewel-Osco

    0.55 miles

  • ALDI

    0.60 miles

  • Shop-N-Save

    0.97 miles

  • ALDI

    1.31 miles

  • ALDI

    1.36 miles

  • M & H Market

    1.42 miles

  • Whole Foods Market

    1.61 miles

Frequently Asked Questions

What is the lease rate for Development site in an Opportunity Zone and TIF district?

Rental asking rate at Development site in an Opportunity Zone and TIF district is $349,500.00/YR.

What is the total square footage of Development site in an Opportunity Zone and TIF district?

Development site in an Opportunity Zone and TIF district totals 2,376 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Bruce Heller

Coldwell Banker Realty

(312) 320-8245