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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12661866MLS Provider

14121 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
Community data courtesy of LiveBy, Inc.

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

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

14121 Doctor Martin Luther King Jr. Drive Market Data

Based on the last 30 days in this zip code

$179,882
Average List Price
$131
Average Price per Square Foot
5
Properties Sold
91
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

14121 Doctor Martin Luther King Jr. Drive History

Date Event Value Agent
6/3/2026Source: MRED Status Change
Active
5/29/2026Source: MRED Added to Database
May 29, 2026