6501 S Saint Lawrence Avenue, Chicago, Illinois 60637

$250,000

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List Price
$250,000
MLS#
12778120
Status
ACTIVE
Type
Commercial
Subtype
Commercial Sale
County
Cook
City
Chicago
Neighborhood
West Woodlawn
Days On Market
9

Property Description

Prime Corner Commercial Investment Opportunity in the Woodlawn Redevelopment Corridor Located at the high-visibility corner of 65th Street and St. Lawrence Avenue in the rapidly evolving Woodlawn neighborhood, this versatile multi-unit commercial property presents exceptional upside for investors, developers, owner-users, and entrepreneurs seeking to capitalize on one of Chicago's emerging growth corridors. *Two units require roof replacement. Those units need repairs. Buyer to verify all roof and unit conditions during inspection. Price reduced to reflect roof replacement and unit repairs; sold as is.* This approximately 2,980 square foot commercial property features five retail/commercial spaces with a mix of turnkey occupancy and value-add redevelopment potential. Existing improvements include: * Fully built-out hair salon with modern styling stations and furnishings * Professional office suite with reception/waiting area * Multiple storefront entrances providing flexibility for multi-tenant occupancy * Updated mechanical systems including newer HVAC and water heater * Strong visibility and neighborhood presence * Flexible floorplans suitable for retail, beauty, office, creative workspace, service businesses, storage, or mixed commercial use Three additional units present an outstanding opportunity for customization, repositioning, or income-producing redevelopment. **Schedule your showing today and envision the possibilities!**

Additional Information

Tax Year
2024
Tax Amount
$9,530
Annual Tax Amount
9530
Year Built
1908
Lot Dimensions
0.07
Air Conditioning
Central Air

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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid



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