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    6508 S Woodlawn Ave Chicago, IL 60637

    Sponsored
    For Sale
    $49,900

    Land - Chicago, IL

    Days on Market:
    55
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 6508 S Woodlawn Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    20231190260000

    Building Details

    Architectural style
    Other

    Compass Real Estate

    Listing agent Marie Levesque (773) 482-1917 License #475134883

    Listing date Nov 17, 2025

    MLS# 12491613 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

    Vacant Lot in East Woodlawn

    This vacant lot is located in the East Woodlawn neighborhood of Chicago, Illinois. Situated on a residential street, the lot is between a single-family home and a low-rise multi-unit building. The property is near the University of Chicago campus, the Metra Electric stop at 63rd St. and Dorchester Ave., and a Jewel supermarket. A site plan and design, zoning letter affirming that the lot is buildable, house number certificate, and geotechnical investigation report were completed for the construction of a single-family home. The property is zoned RM-5. A 2021 survey is available upon request. No lead was found in the soil. The Obama Presidential Center, which is nearing completion, is located just blocks from the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    -87.5964674
    Latitude
    41.7765578

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    FAQs

    What type of property is this?
    Land - Buildable vacant lot near Obama Center and University of Chicago.
    Where is this land located?
    The property is located at 6508 S Woodlawn Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - Vacant lot in booming East Woodlawn, near the Obama Presidential Center.; - Site plan, design, zoning letter, house number certificate, and geotechnical report available for single-family home construction.; - Buildable lot with zoning affirmed (RM-5).
    (773) 482-1917
    Request Owner's contact information
    6508 S Woodlawn Ave Chicago, IL 60637
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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
    6508 S Woodlawn Ave Chicago, IL 60637
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