6337 South Doctor Martin Luther King Junior Drive

Chicago, IL 60637

$699,000
Price
27,776 / 0.64
Lot Size / Acres

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...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.
  1. Listed by Bruce Heller • Coldwell Banker Realty

Property Details for 6337 South Doctor Martin Luther King Junior Drive

Area
CHI - Woodlawn
Township
Hyde Park
Ownership
Fee Simple
Num Of Cars
0.0
Zoning
COMMR

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 11/09/2023 02:00 AM

Property Details for 6337 South Doctor Martin Luther King Junior Drive

StatusActive
MLS #11922879
Days on Market342
Taxes$49,792 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.64 AC
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 6337 South Doctor Martin Luther King Junior Drive

Lot Size0.64 AC

Payment Calculator

$7,964 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$4,149

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6337 South Doctor Martin Luther King Junior Drive

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 224
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water to Site
Property/Lot Information
  • Lot Size: .50-.99 Acre
  • Lot Dimensions: 124 X 224
  • Approx Land Sq Footage: 27,776
  • Buildings on Land: Yes
  • Waterfront: No
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 6300
  • East Coordinate: 400
  • West Coordinate: 0
Property and Assessments
  • Possible Use: Commercial, Condominium, Development, Multi-Family, Retail, Special Use
  • Buyer Financing: Conventional
  • Documents Available: Demographics,Legal-Description,Tax Bill,Traffic Counts
  • Public Document Count: 0
  • Photos Count: 4
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Known Existing Liens: None Known
  • Land Description: Level
  • Location: Mixed Use Area,In City Limits
  • Rail Availability: None
  • Road Surface: Asphalt
  • Total Listed Lots Avail: 4
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 6337 South Doctor Martin Luther King Junior Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 6337 South Doctor Martin Luther King Junior Drive

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 10 to 12
Charter - K to 8
Rating
School
Distance
Dulles Elementary School
PublicPK to 8

Hyde Park Academy High School
Public9 to 12

YCCS-Progressive Leadership Acad
Charter10 to 12

CICS Washington Park
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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6337 South Doctor Martin Luther King Junior Drive is a 0.64 ac of land for sale in Chicago, IL 60637. This property was listed for sale on November 2, 2023 by Coldwell Banker Realty, it's currently listed at $699,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Dulles Elementary School, Hyde Park Academy High School and YCCS-Progressive Leadership Acad. 6337 South Doctor Martin Luther King Junior Drive is a 0-bed, 0-bath, 0.64 ac of land on a 27,776 sq. ft. / 0.64 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/09/2023 02:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.