$395,000 8020 S Dr Martin Luther King Jr Drive Chicago, IL

MLS: 09308927   Type: Commercial   County: Cook   City: Chicago   Area: Chi - Chatham   Neighborhood: Chatham   Zip: 60619     Stories: 1   Taxes: $29,658

Mortgage $1,854 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

10,000

0.45

1960

Freestanding commercial building situated in the Chatham community. The property has 10,000 square feet under roof. There are (2) businesses currently in operation, (a Caribbean restaurant & stereo/alarm shop). There also is a banquet hall that accommodates approximately 100 people. There is one fully operational commercial kitchen; with hood & (6) burner oven & large sink. The property is in excellent condition; improvements include rubber roof, electrical & plumbing upgrades. The property is zoned B3-2. It could also be a potential development location; which includes business & entertainment uses... *** PLEASE DO NOT DISTURB THE BUSINESSES. CALL LISTING OFFICE TO ARRANGE A TOUR. THANK YOU!

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Price History

3/10/2018 Listed $429,000
8/22/2018 8% - $395,000
6/2/2019 100% - $0

Additional Parcels Y/N Y
City Chicago
Cooling Central Air
County Cook
Days on Market 1907
Directions 79th street east to King Drive, south to location.
Electric Circuit Breakers, Service - 201 to 600 Amps
Grossincome 0
Leasable Area 0
MLS Area CHI - Chatham
Net Operating Income 0
Possible Use Commercial, Development, Retail
Property SubType Free Standing Store
Property Type Commercial Sale
Property Type Retail/Stores
Standard Status Active
Status Active
Stories 1
Street Name Dr Martin Luther King Jr
Tax Annual Amount 29658
Tax Year 2018
Tenant Pays Air Conditioning, Electricity, Heat, Scavenger
Township Hyde Park
Year Built 1960
Zoning COMMR

Interior Features

Street Suffix Drive

Exterior Features

Building Area Total 10000
Exterior Brick
Foundation Details Concrete Perimeter
Lot Dimensions 150 X 105
Lot Size Square Feet 19500

Property Schools



Direct Link:

https://www.realtyexecutivespremiere.com/property/103-09308927-8020-S-Dr-Martin-Luther-King-Jr-Drive-Chicago-IL-60619

Gallery (14 photos)

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Property vs Zip Code Avg (60619)

Price 395K Avg 238K

Sqr Feet 10,000 Avg 4,839

Cost / Sqr Ft $40 Avg $49

Taxes $29,658 Avg $12,007

Acres 0.45 Avg 0.19

Visits 887 Avg 152

Days on Site 1,908 Avg 272

Walkscore® 86 Avg 74

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: SK Properties Group, LLC




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