Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12661866
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Request Info14121 Doctor Martin Luther King Jr. DriveDolton, IL 60419
Commercial · 2,257 Sq. ft.$449,900
Active
14121 Doctor Martin Luther King Jr. Drive Overview
- Time on Site:
- 31 days
- Visits:
- 0
Exceptional opportunity to acquire a 2,257-square-foot Class A commercial building situated on a 15,560-square-foot lot in the heart of Downtown Dolton. Formerly a bank and currently licensed for convenience store use, this immaculate property offers outstanding flexibility for a variety of retail, financial, medical, professional office, or service-oriented businesses. Strategically located directly across from Dolton Village Hall, the property benefits from excellent visibility, strong traffic counts, and a prominent presence within the village's central business district. Features include a highly desirable drive-thru lane, ample on-site parking, attractive curb appeal, and a well-maintained building ready for immediate occupancy. This is a rare opportunity to secure a standalone commercial asset in a prime location with established infrastructure and multiple potential uses. Ideal for owner-users, investors, franchise operators, financial institutions, convenience retail, or redevelopment opportunities seeking a high-profile location with built-in community presence.
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14121 Doctor Martin Luther King Jr. Drive Facts & Features
- Type Commercial
- Sq. ft. 2,257
- Price/Sq.ft. $199
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: N/A
- Net Operating Income: 0
Building Information
- Year Built: 2008
Business Information
- Current Use: Commercial,Other
Location/Region
- County Or Parish: Cook
- MLS Area Major: Dolton
Rent/Lease Information
- Tenant Pays: Varies by Tenant
Tax Information
- Tax Annual Amount: $9,811.47
- Tax Year: 2024
General Information
- Parcel Number: 29032020010000
- Property Sub Type: Retail
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 2257
General Information
- Cooling: Central Air
- Electric: Circuit Breakers
- Leasable Area: 2257
- Stories: 1
Unit Information
- Unit SqFt.: 2257
Exterior
Lot Information
- Additional Parcels: Yes
- Frontage Type: City Street
- Lot Size Dimensions: 115X120
- Lot Size Square Feet: 13800
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 1
14121 Doctor Martin Luther King Jr. Drive Neighborhood
Community
60419 (Dolton) Demographics
36
Median Age
5,239
Population Density (per sq. mile)
28%
College Educated
$50,237
Estimated Median Income
5,413
Estimated Total Home Owners
2,572
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.14121 Doctor Martin Luther King Jr. Drive Monthly Cost
14121 Doctor Martin Luther King Jr. Drive Market Data
Based on the last 30 days in this zip code
$181,278
Average List Price
$131
Average Price per Square Foot
8
Properties Sold
91
Average Days on Market
133
Properties for Sale
14121 Doctor Martin Luther King Jr. Drive History
| Date | Value | Agent |
|---|---|---|
| 6/3/2026Source: MRED | Active |
|
| 5/29/2026Source: MRED | May 29, 2026 |