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
£316,040
Price Per SF
£133
Tenancy
Single
Number of Floors
1
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 | £95,395 |
| Land Assessment | £36,832 | Total Assessment | £132,227 |
PROPERTY TAXES
Parcel Number
20-22-200-012-0000
Land Assessment
£36,832
Improvements Assessment
£95,395
Total Assessment
£132,227
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