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$375,000
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Property Description
**Prime Commercial Property with Retail Spaces in Chicago's Emerging Woodlawn Neighborhood** Rehabbers and Developers welcomed. 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 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!**
Full Property Details
Full Property Details for 6501 - 6507 1/2 S Saint Lawrence Ave
General
- Price: $375,000
- Taxes: $11,000 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12601058
- Updated: 3/30/2026
- Added to Site: 9 day(s) ago
Business
- Business Type: Barber/Beauty, Construction/Contractor, Arts and Ent
- Years in Business: 11 or More
Location
- Area: CHI - Woodlawn
- County: Cook
- Driving Directions: 65th Street to St. Lawrence
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 2,980
Lot Features
- Lot Size (Sq. Ft.): 2,980
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 2980
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $11,000
- Tax Year: 2024
Disclosures and Reports
- Property ID: 20222200470000
Listed by HomeSmart Realty Group
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Price & Sales History for 6501 - 6507 1/2 S Saint Lawrence Ave
Date
Details
Price
Change
Source
3/23/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6501 - 6507 1/2 S Saint Lawrence Ave
6501 - 6507 1/2 S Saint Lawrence Avenue, Chicago, IL 60637 (MLS# 12601058) is a Business property. 6501 - 6507 1/2 S Saint Lawrence Avenue is currently listed for $375,000 and was received on March 23, 2026. Want to learn more about 6501 - 6507 1/2 S Saint Lawrence Avenue? Do you have questions about finding other Business real estate for sale in Woodlawn? You can browse all Woodlawn real estate or contact a Coldwell Banker agent to request more information.

