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 Type
LandCounty
CookStyle
LandAD ID
47962591
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Property Details
-
Property / Lot Details
Lot Information
- Lot Dimensions: 124 X 224
Property Information
- Property Type: Land
- Sub Type: Land
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Listing Information
Listing Price Information
- Original List Price: $399000
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Taxes / Assessments
Tax Information
- Annual Tax: $48857.66
- Tax Year: 2023
- Parcel Number: 20222000120000
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School, Utilities &Location Details
Utility Information
- Electric to Site, Gas to Site, Water to Site
Location Information
- City: Chicago
- Direction: Take Martin Luther King Dr. directly to the property. It is 1/4 block south of 63rd Street.
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BuyOwner last updated this listing Sun Feb 09 2025
- MLS: MRD12222525
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Midwest Real Estate Data LLC (MRED)
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.