11940 S Wallace Street
Chicago, IL, 60628
$39,900
4 Beds
2 Baths
0 SqFt
0.71 Acres
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$39,900
11940 S Wallace Street
Chicago, IL, 60628
MLS #MRD12718743 image #0MLS #MRD12718743 image #1MLS #MRD12718743 image #2MLS #MRD12718743 image #3MLS #MRD12718743 image #4MLS #MRD12718743 image #5MLS #MRD12718743 image #6MLS #MRD12718743 image #7MLS #MRD12718743 image #8MLS #MRD12718743 image #9MLS #MRD12718743 image #10MLS #MRD12718743 image #11MLS #MRD12718743 image #12MLS #MRD12718743 image #13MLS #MRD12718743 image #14
Exceptional opportunity for experienced investors, rehabbers, and developers! Built in 1901, this spacious two-unit property offers approximately 2,112 square feet of living space on a 3,100 sq. ft. lot in Chicago’s West Pullman neighborhood. Featuring a flexible multi-unit layout and full basement, this property presents an outstanding value-add opportunity for a complete renovation or potential redevelopment (subject to buyer due diligence and municipal requirements). Bring your vision and restore or reimagine this property to its full potential. Conveniently located near schools, parks, shopping, public transportation, and major expressways, the location offers strong long-term appeal for investors and future occupants alike. Whether you’re looking to expand your rental portfolio, complete your next renovation project, or capitalize on a redevelopment opportunity, this property offers exceptional upside potential. Property is being sold AS-IS. Buyer to verify all room sizes, zoning, permits, and property information. Exercise caution during all showings due to the property’s condition.

Property Details

Price:
$39,900
MLS #:
MRD12718743
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chiwestpullman
Listed Date:
Jul 29, 2026
Year Built:
1901
Chi – West PullmanChiwestpullman

Schools

School District:
299

Interior

Heating
Other

Exterior

Construction Materials
Vinyl Siding
Parking Features
Off Alley, Yes, Owned
Parking Spots
2
Parking Total
2

Financial

Tax Year
2023
Taxes
$846
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Aug 04, 2026
1,412
Multi Family Listed
81
Avg DOM
$529,027
Avg List Price

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Property Summary

    11940 S Wallace Street Chicago IL is a Multi Family for sale in Chicago, IL, 60628. It is listed for $39,900 To schedule a showing of MLS#mrd12718743 at 11940 S Wallace Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
11940 S Wallace Street
Chicago, IL