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Woodlawn Commercial Development Opportunity
For Sale
$90,000

500-512 East 63rd Street, Chicago, IL 60637

Commercial land for sale in Woodlawn, Chicago.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market461

Property Features for 500-512 East 63rd Street

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Land
Zoning COMMR

Taxes and HOA fees

Annual Taxes $1,553
Listing Agency: Millennium Properties RE, Inc.
Listed By: Brad Thompson · License #471013662
Source: Compass
Added: May 7, 2025 Changed: Aug 9 Last Checked: Aug 9 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Millennium Properties RE, Inc.

Investment Insights

Based on property information with market context.

This commercial land presents a development opportunity in the Woodlawn neighborhood. The lot measures 107x125 and is zoned B3-3. The property benefits from high visibility.

Key Highlights

  • Prime commercial development opportunity
  • Zoned B3‑3
  • 107x125 lot size

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom HVAC Service Building Supply Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land for sale in Woodlawn, Chicago.
Where is this commercial land located?
The property is located at 500-512 East 63rd Street Chicago, IL.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Prime commercial development opportunity; Zoned B3‑3; 107x125 lot size
More about this property
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