Retail Space
3232 South Doctor Martin Luther King Junior Drive Chicago, IL 60616
Details & Description
Call for Pricing
    Cawley Chicago is pleased to present a significant development or redevelopment opportunity in Chicago's historic Bronzeville neighborhood. Spread out over 1/2 city block, 3232 S MLK Dr offers a 45,178 Sq.Ft Corner Site with an existing 19,000 Sq.Ft building. With frontage on three side, the site is approx. 125' x 360', with 360' of frontage along S MLK Dr & S Calumet Ave, and 125' along E 33rd Blvd. Favorable B3-5 & B3-1 zoning permits multiple development uses, as-of-right.Not to be overlooked, the existing two story, brick & mortar building provides tremendous redevelopment potential. The fenced in property provides 76 lined parking spaces, multiple drive-in's and sound existing conditions.Contributing to the offering's endless potential, the property is walking distance to multiple bus and train stations, and centrally located to multiple medical facilities, Chicago Police and Fire Department HQ, and countless educational institutions, including 12 primary and secondary schools. Furthering the potential, 3232 S MLK Dr is situated on the former Douglas Plaza, within the Calumet-Giles-Prairie Historic District and Enterprise Zone 2.
    Listing Agents
    Zach Pruitt

    O: 312-766-4289
    zpruitt@cawleychicago.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3232 South Doctor Martin Luther King Junior Drive

    Chicago, IL 60616

    Listing ID: 212182
    • 3232 South Doctor Martin Luther King Junior Drive Chicago, IL 60616 | for Sale | Photo 1
    • 3232 South Doctor Martin Luther King Junior Drive Chicago, IL 60616 | for Sale | Photo 2
    • 3232 South Doctor Martin Luther King Junior Drive Chicago, IL 60616 | for Sale | Photo 3
    3232 South Doctor Martin Luther King Junior Drive | for Sale | Thumbnail 1
    3232 South Doctor Martin Luther King Junior Drive | for Sale | Thumbnail 2
    3232 South Doctor Martin Luther King Junior Drive | for Sale | Thumbnail 3
    Building Size: 19,000 SF
    Lot Size: 1.040 AC
    Land Size: 45,178 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    Cawley Chicago is pleased to present a significant development or redevelopment opportunity in Chicago's historic Bronzeville neighborhood. Spread out over 1/2 city block, 3232 S MLK Dr offers a 45,178 Sq.Ft Corner Site with an existing 19,000 Sq.Ft building. With frontage on three side, the site is approx. 125' x 360', with 360' of frontage along S MLK Dr & S Calumet Ave, and 125' along E 33rd Blvd. Favorable B3-5 & B3-1 zoning permits multiple development uses, as-of-right.

    Not to be overlooked, the existing two story, brick & mortar building provides tremendous redevelopment potential. The fenced in property provides 76 lined parking spaces, multiple drive-in's and sound existing conditions.

    Contributing to the offering's endless potential, the property is walking distance to multiple bus and train stations, and centrally located to multiple medical facilities, Chicago Police and Fire Department HQ, and countless educational institutions, including 12 primary and secondary schools. Furthering the potential, 3232 S MLK Dr is situated on the former Douglas Plaza, within the Calumet-Giles-Prairie Historic District and Enterprise Zone 2.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Retail Space for Sale

    Chicago Area Market Trends

    Listing Demographics for 3232 South Doctor Martin Luther King Junior Drive Chicago, IL 60616

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population33,856260,161733,265
    Population Median Age383737
    Population by Age0-9 Yrs3287 (9%)26023 (10%)75244 (10%)
    10-19 Yrs4115 (12%)26934 (10%)75120 (10%)
    20-29 Yrs7538 (22%)54578 (20%)156953 (21%)
    30-39 Yrs4971 (14%)46034 (17%)134012 (18%)
    40-49 Yrs3516 (10%)31270 (12%)83809 (11%)
    50-59 Yrs3399 (10%)28544 (10%)78981 (10%)
    60-69 Yrs3693 (10%)25878 (9%)72432 (9%)
    70+ Yrs3338 (9%)20900 (8%)56714 (7%)
    Median HH Income$33,793$56,079$62,464
    Total Household Income< 24K6565 (41%)34947 (29%)86811 (26%)
    25-49K3052 (19%)20567 (17%)54641 (16%)
    50-74K2175 (13%)16825 (14%)43207 (13%)
    75-99K1562 (9%)12907 (10%)33443 (10%)
    100-199K1791 (11%)24277 (20%)69503 (21%)
    200K+498 (3%)9529 (8%)40242 (12%)
    Highest Education LevelNo Diploma30032379572773
    Diploma or GED43893215794905
    Some College44732762371491
    Assoc. Degree1499987422026
    Bachelors Degree499944862129744
    Higher Degree456345603127433
    Total Housing Units17,392133,370383,320
    --Owner-Occupied3,10640,760116,766
    --Renter-Occupied12,53778,291211,080
    Owner-Occupied Values< 100K25025919128
    100-199K779723322485
    200-299K819975223106
    300-399K609877518397
    400-499K281515313671
    500K+368725629981
    Total Working Age Population28,441220,057618,418
    In Work Force16,440145,313406,385
    Not In Work Force12,00174,744212,033
    Workforce Employed14,552133,309372,924
    Workforce Unemployed1,88611,70832,988
    Civlian Workforce16,438145,017405,912
    Military Workforce3297473
    Total Households15,642119,051327,846
    Family Households6,18552,693145,946
    Non-Family Households9,45766,358181,900
    Married Couple2,74830,95290,263
    Other Family3,43821,74155,684
    Married w/Child98111,52630,653
    Single Male w/Child1881,6084,839
    Single Female w/Child1,6008,20521,800

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Retail property in Chicago, IL?
    The size of the building/unit at 3232 South Doctor Martin Luther King Junior Drive in Chicago is 19,000 square feet
    How much land does the Chicago, IL property at 3232 South Doctor Martin Luther King Junior Drive include?
    3232 South Doctor Martin Luther King Junior Drive in Chicago includes 1.040 acres of land
    What kind of Retail is the propery at 3232 South Doctor Martin Luther King Junior Drive?
    The property at 3232 South Doctor Martin Luther King Junior Drive Chicago, IL 60616 is listed as a Other Retail Retail property
    What is the population within 1 mile of 3232 South Doctor Martin Luther King Junior Drive in Chicago?
    The population within 1 mile of 3232 South Doctor Martin Luther King Junior Drive Chicago, IL 60616 is 33,856 people.
    Who do I contact for questions about 3232 South Doctor Martin Luther King Junior Drive?
    You should contact the listing agent, Zach Pruitt, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 8
    Chicago O'Hare International Airport (ORD) 18
    South Bend Regional Airport (SBN) 68
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