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4135 S Wallace Street
Chicago IL 60609 US

$600,888

Active Listing ID 12635515
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3 bed
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4.00 Bath (4 Full)
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Other

$600,888

Active Listing ID 12635515
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4135 S Wallace Street 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Roof Type: Flat
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 600888
  • unparsedaddress: 4135 S Wallace Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60609
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.818871
  • longitude: -87.640587
  • listagentfullname: Jorge Vega
  • listagentemail: jv@thenewavenue.com
  • listagentkey: 3yd-MREDIL-180245
  • listagentmlsid: 180245
  • listagentpreferredphone: (312) 444-0030
  • listagentofficephone: 3124440981
  • listofficekey: 3yd-MREDIL-86673
  • listofficemlsid: 86673
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1898
  • listingcontractdate: 2026-05-06
  • listagenturl: http://www.thenewavenue.com
  • countyorparish: Cook
  • parcelnumber: 20041210010000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Bungalow
  • rooms: Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Basement, Bedroom 1
  • basement: Unfinished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.64059, 41.81887
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"New Avenue Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jv@thenewavenue.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jv@thenewavenue.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"New Avenue Realty", "ListBrokeragePhone":"(312) 444-0030", "ListBrokeragePostalCode":"60608", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Suite 305", "ListBrokerageUnparsedAddress":"1655 S. Blue Island Ave.", "ListBrokerageWebsiteUrl":"http://www.thenewavenue.com", "ListOfficeAddress1":"1655 S Blue Island Ave #3 ", "ListOfficeAddress2":"Suite 305", "ListOfficeBrokerMlsId":"86673", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"jv@thenewavenue.com", "ListOfficePostalCode":"60608", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Bungalow - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4135-S-Wallace-St_Chicago_IL_60609_M83705-83898?f=listhub&s=MREDIL&m=12635515&c=rexren", "MLSModificationTimestamp":"2026-05-07 14:28:05", "Neighborhoods":[{"Description":null, "Name":"CHI - New City"}], "PostalCode":null, "RoomCount":11, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4903, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/7/2026 2:37:41 PM GMT
Source Updated Date: 5/10/2026 6:40:17 PM GMT

Courtesy of: Jorge Vega, New Avenue Realty LLC, jv@thenewavenue.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.