6355 S King Dr - Fast Food FOR SALE


Chicago, IL 60637
$399,000 USD
312-320-8245
6355 S King Dr, Chicago, IL for Sale
$399,000 USD
Fast Food - FOR SALE
1/5
null | Request Cap Rate

6355 S King Dr
Chicago, IL 60637


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

McDonald's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

-

APN/PARCEL ID

20-22-200-012-0000

ASK ABOUT THIS PROPERTY

Bruce HellerColdwell Banker Commercial RealtyMore Info
312-320-8245

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Bruce HellerColdwell Banker Commercial RealtyMore Info
312-320-8245

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.