3252-56 S Wallace Street
Chicago, IL, 60616
$2,000,000
3 Beds
2 Baths
0 SqFt
0 Acres
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$2,000,000
3252-56 S Wallace Street
Chicago, IL, 60616
MLS #MRD12779279 image #0MLS #MRD12779279 image #1MLS #MRD12779279 image #2MLS #MRD12779279 image #3MLS #MRD12779279 image #4MLS #MRD12779279 image #5MLS #MRD12779279 image #6MLS #MRD12779279 image #7
Rare Bridgeport mixed-use investment opportunity featuring 12 residential units, 3 street-level commercial spaces, and an oversized garage. This substantial property offers multiple income streams and significant value-add potential in a highly desirable location near Chinatown, public transportation, expressways, restaurants, shopping, and neighborhood amenities. Residential units consist of a mix of 1-bedroom and 2-bedroom layouts, with many existing rents offering potential upside for the next owner. Three commercial storefronts provide additional leasing and income opportunities. The oversized rear garage offers exceptional space and flexibility for parking, storage, or other permitted uses. Excellent opportunity for an investor seeking an established income-producing asset with potential to improve operations and increase NOI over time. Buyer to perform due diligence regarding zoning, legal use, unit count, building condition, and all intended uses.Property is being offered AS-IS.

Property Details

Price:
$2,000,000
MLS #:
MRD12779279
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chibridgeport
Listed Date:
Oct 7, 2026
Year Built:
1888
Chi – BridgeportChibridgeport

Schools

Interior

Exterior

Stories
3

Financial

Net Operating Income
$100,437
Tax Year
2024
Taxes
$25,407
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Oct 10, 2026
890
Commercial Listed
183
Avg DOM
$1,025,463
Avg List Price

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Property Summary

    3252-56 S Wallace Street Chicago IL is a Commercial for sale in Chicago, IL, 60616. It is listed for $2,000,000 To schedule a showing of MLS#mrd12779279 at 3252-56 S Wallace Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
3252-56 S Wallace Street
Chicago, IL