Development site in an Opportunity Zone and TIF district

For Sale

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

This Chicago property for sale is located at 6337 S Dr Martin Luther King Jr Dr. The current listed sale price for Development site in an Opportunity Zone and TIF district is $699,000. Development site in an Opportunity Zone and TIF district is situated on a lot that is 27,776 square feet in size.

Contacts

broker

Bruce Heller

Coldwell Banker Realty

(312) 320-8245

Property Details

  • Property Type Retail
  • Property Size 2,376 SF
  • Lot Size 27,776 SF
  • # of Floors 1
  • Parking Spaces Avail. 50
  • Date Updated Apr 29, 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.

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Getting around

  • 67/100

    Walk Score ®

  • 70/100

    Transit Score ®

  • 72/100

    Bike Score ®

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Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Bruce Heller

Coldwell Banker Realty

(312) 320-8245