6501 - 6507 1/2 S Saint Lawrence Avenue Chicago, IL $ 375,000
6501 - 6507 1/2 S Saint Lawrence Avenue
$ 375,000
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6501 - 6507 1/2 S Saint Lawrence Avenue

Chicago, IL, 60637
$ 375,000
Bedrooms-- Baths-- Sq 2,980

Monthly Estimate*

$ 2,309

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Commercial Property for sale in Chicago, IL

for $375,000. This 2,980 square foot building was built in 1908 on a lot size of 0.068411.

**Prime Commercial Property with Retail Spaces in Chicago's Emerging Woodlawn Neighborhood** Excellent investment opportunity located at the high-visibility corner of 65th Street and St. Lawrence Avenue in Chicago's rapidly developing Woodlawn area. This mixed-use commercial property features five retail units, offering a blend of move-in-ready spaces and value-add potential. Two of the units are fully prepared for immediate occupancy, including: *A fully furnished hair salon with modern fixtures and equipment. *A professional office space complete with a dedicated waiting room, ideal for a small business or service provider. The remaining three units are ready for your rehab dreams-perfect for investors or owner-operators looking to customize or lease for added income. Additional Highlights: *Roof replaced on half of the building (remaining portion in need of repair). *Prime corner location with excellent foot and vehicle traffic. *Strong potential for rental income in a neighborhood seeing ongoing redevelopment and revitalization. Don't miss your chance to own a commercial property in one of Chicago's most promising neighborhoods. With the right updates, this building can become a cornerstone of the community and a valuable asset in your portfolio. **Schedule your showing today and envision the possibilities!**

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Commercial Active

Price

$ 375,000

Property Type

Commercial

Taxes

$ 9,530

Style

Lot Size

0.068411

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12367258

Features
General
Cooling Window Unit(s)
Possession Closing
Zoning COMMR
Year Built 1908
Electric Circuit Breakers Separate Meters
Stories Count 1
Property Subtype Neighborhood Storefront
Tax Year 2023
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions 65th Street to St. Lawrence
City Chicago
Number Of Units Total 5
MLS Area CHI - Woodlawn
Lot Size Square Feet 2980
Tax Annual Amount 9530.22
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 2980
Lot Dimensions 2980
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* Excluded Features
List By
Homesmart Realty Group

Broker

victorialloyd70@gmail.com

Email

Affordability Calculator

$3,103
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$794
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$375,000 -6.25% Price Down
10/3/2025$400,000 -11.11% Price Down
5/23/2025$450,000 Listed Price

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6501 - 6507 1/2 S Saint Lawrence Avenue, Chicago, IL, 60637 is a Commercial Property for sale at $375,000 with 2,980 sqft and a lot size of 0.068411. 6501 - 6507 1/2 S Saint Lawrence Avenue was built in 1908. The property's zip code is 60637 which is in Chicago, IL