6355 S King Dr | Chicago, IL 60637
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6355 S King Dr
Chicago, IL 60637
McDonald's · Retail Property For Sale
Executive Summary
This site is located in a Federal Opportunity Zone, It is 1/4 block from the 63rd & King Drive "EL" stop. There are several options for this location Reuse this +/- 2,376 SF former fast food building with Drive-thru and +/- 40 car parking OR this can be a 27,776 SF (124 x 224) Development site. The property has multiple tax benefits! In addition to the 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. The property is vacant and has been emptied of all restaurant equipment. This will be an "AS IS" sale.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,376 SF
Building Class
B
Year Built
1966
Price
$567,430 CAD
Price Per SF
$239 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.63 AC
Opportunity Zone
Yes
Parking
55 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
73 ft on S King Dr
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | 20-22-200-012-0000 | Improvements Assessment | $171,276 CAD |
| Land Assessment | $66,129 CAD | Total Assessment | $237,405 CAD |
PROPERTY TAXES
Parcel Number
20-22-200-012-0000
Land Assessment
$66,129 CAD
Improvements Assessment
$171,276 CAD
Total Assessment
$237,405 CAD
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