3232 Martin Luther King Dr
Chicago, IL 60616
Bronzeville - Douglas Plaza Redevelopment · Land For Sale · 1.04 AC

Cawley Chicago is pleased to present 3232 S Martin Luther King Dr, a 1.037 acre site with an existing 19,000 Sq.Ft. building. Rich with history, the property is located within the Bronzeville neighborhood and situated on the historic former Douglas Plaza. Previously the location of Civil War Camp Douglas, the location served as the enlistment and training center for U.S. Union Armed Forces. Most recently, the building served as a private local school, and community center prior to. The 2-story, 19,000 SF provides excellent redevelopment opportunity with a fenced in surface parking lot offering 76 lined parking spaces. However, with B3-5 & B3-1 as-of-right zoning, 360’ of frontage along S. Martin Luther King Drive and S Calumet Ave, the 1.037 acre site is an excellent opportunity for ground-up development. Perfectly located, 3232 S Martin Luther Dr is walking distance to multiple bus and train stations, Lake Meadows Park, Dunbar Park, 31st Street Harbor, 35th St Pedestrian Bridge, and within a five minute drive of Interstate Access, Lakeshore Drive, Downtown CBD, McCormick Place, Wintrust Arena & Entertainment District. Contributing to its unbeatable location, the property is centrally located to multiple Medical Institutions, College and Higher Education Campuses, and within one mile of twelve Primary Schools, Secondary Schools and the Chicago Police and Fire Department Public Safety Headquarters. With the as-of-right zoning, location to convenience, proximity to hospitals, schools, Chicago Police and Fire Department HQ, and a limited supply of affordable housing inventory, 3232 S Martin Luther King Dr provides a tremendous opportunity for new development to fulfill the housing needs of the City’s teachers, service, first responders, nursing and medical community.