4135 S Wallace Street
Chicago, IL, 60609
$600,888
3 Beds
4 Baths
0 SqFt
0 Acres
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$600,888
4135 S Wallace Street
Chicago, IL, 60609
MLS #MRD12635515 image #0
4135 S Wallace Ave offers a rare blank canvas in a pocket of Chicago where momentum is already visible. The building has been completely gutted down to the studs, giving the next owner a clean starting point without paying for someone else’s dated layout or half finished choices. Rebuild with intention, reconfigure the space, and create a finished product that fits today’s buyer or renter. The adjacent vacant lot at 4137 S Wallace is included in the sale, creating a two parcel opportunity with both lots zoned RS 3. That added land opens the door for more yard space, future development possibilities, or a stronger long term hold, subject to buyer verification. New construction and reinvestment are happening throughout the surrounding area, and this location sits within easy reach of Bridgeport, Canaryville, major roads, local businesses, parks, and downtown views. For the investor, builder, or owner occupant with vision, this is not just a renovation project. It is a chance to control a corner of future upside in a changing corridor. Sold as is. Buyer to verify zoning, use, permits, and development options.

Property Details

Price:
$600,888
MLS #:
MRD12635515
Status:
Active
Beds:
3
Baths:
4
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
May 6, 2026
Year Built:
1898
BungalowChi – New CityChinewcity

Schools

School District:
299

Interior

Heating
None

Exterior

Architectural Style
Bungalow
Construction Materials
Brick
Roof
Flat

Financial

Tax Year
2024
Taxes
$4,903
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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 May 11, 2026
1,349
Multi Family Listed
80
Avg DOM
$512,020
Avg List Price

Community

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Property Summary

    4135 S Wallace Street Chicago IL is a Multi Family for sale in Chicago, IL, 60609. It is listed for $600,888 To schedule a showing of MLS#mrd12635515 at 4135 S Wallace Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4135 S Wallace Street
Chicago, IL