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    6501 S Saint Lawrence Ave Chicago, IL 60637

    For Sale
    $400,000

    Neighborhood Storefront - Chicago, IL

    Property size:
    2,980 SF
    Days on Market:
    72
    Last Refresh:
    Dec 12 at 12:06 am

    Property Features for 6501 S Saint Lawrence Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    20222200470000
    Size
    2,980 SF

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1908
    Number of units
    5
    Architectural style
    Other

    HomeSmart Realty Group (708) 320-0002 [email protected]

    Listing agent Victoria Lloyd (708) 320-0002 License #475104124

    Listing date Oct 2, 2025

    MLS# 12367258 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Mixed-Use Retail Opportunity

    Located at the corner of 65th Street and St. Lawrence Avenue in Chicago's Woodlawn neighborhood, this mixed-use commercial property features five retail units. Two units are move-in ready, including a furnished hair salon with modern fixtures and equipment, and a professional office space with a waiting room. The remaining three units are ready for renovation. The property is located in a high-visibility corner location with foot and vehicle traffic. The roof has been replaced on half of the building, with the remaining portion needing repair. The property has potential for rental income in a neighborhood seeing ongoing redevelopment and revitalization. The property size is 2980 square feet and is zoned COMMR.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6104936
    Latitude
    41.7765664

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    FAQs

    What type of property is this?
    Retail space - Mixed-use commercial property in Chicago's Woodlawn neighborhood with retail spaces.
    Where is this retail space located?
    The property is located at 6501 S Saint Lawrence Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Prime corner location at 65th Street and St. Lawrence Avenue with high visibility and traffic.; - Located in the rapidly developing Woodlawn neighborhood with strong potential for rental income.; - Features five retail units, offering a mix of move-in-ready and value-add spaces.
    (708) 320-0002
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    Chicago, IL 60637
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6501 S Saint Lawrence Ave Chicago, IL 60637
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