$548,000
3307 S Wallace Street
Chicago, IL, 60616
Prime Bridgeport Location! Solid Brick 3-Unit Building. Located in the heart of Bridgeport, this well-maintained solid brick 3-flat offers an outstanding investment opportunity. Just this year (2025), major exterior upgrades were completed, including a new front-facing brick wall, new house and garage roofs, and a brand-new garage door. The first floor features two separate units, each offering 2 bedrooms and 1 bathroom, both equipped with central heating. The second-floor unit is a spacious 4-bedroom, 2-bathroom apartment that was fully remodeled just a few years ago and includes central heating and air conditioning. Enjoy a beautiful backyard perfect for BBQs and gatherings, along with a two-car brick garage featuring the newly installed garage door. Outstanding location just minutes from White Sox Park, Armour Square Park, and with a bus stop right outside the building. Easy access to major expressways makes commuting a breeze. Current rents are below market-plenty of upside potential. Always easy to rent. Excellent investment opportunity in a rapidly appreciating neighborhood!
Property Details
Price:
$548,000
MLS #:
MRD12370766
Status:
Active Under Contract
Beds:
8
Baths:
4
Address:
3307 S Wallace Street
Type:
Multi Family
Neighborhood:
CHI – Bridgeport
City:
Chicago
Listed Date:
May 20, 2025
State:
IL
ZIP:
60616
Year Built:
1888
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$10,272
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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3307 S Wallace Street
Chicago, IL
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