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$600,888
21 Days On Site

4135 S Wallace Street
Chicago, IL 60609

For Sale|Multi Family|Active
3
Beds
4
Total Baths
1898
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of New Avenue Realty LLC
Call Now: 312-767-7744
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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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Listing Snapshot
Price 
$600,888
Days On Site 
21 Days
Bedrooms 
3
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1898
MLS® Number 
12635515
Status 
Active
Property Tax 
$4,903
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Style 
Bungalow
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
UnfinishedFull
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Exterior Features
Construction Details 
Brick
Roof 
Flat
Community Features
MLS Area 
CHI - New City
School District 
299
Township 
Lake
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of New Avenue Realty LLC



Based on information submitted to the MLS GRID as of 2026-05-23 12:19 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-23 12:19 AM UTC
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Neighborhood & Commute
Source: Walkscore
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