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12024 S Wallace Street, Chicago, IL 60628

$130,000
  • 12024 S Wallace Street, Chicago, IL 60628 Main Photo

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New to the Market Price Change Price Reduced by $169,000 on March 25th, 2026
BEDS5 BATHS2 full MLS#12601208
STATUSPrice Change PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Investor special! This brick 2-unit building sits on an oversized double-wide 50 x 122.8 lot, offering exceptional potential for redevelopment or long-term rental income. The property features a 2 bed / 1 bath first-floor unit and a 3 bed / 1 bath second-floor unit, along with a full unfinished basement ready for future possibilities. This is a true value-add opportunity for experienced investors or rehabbers looking to maximize returns. Property requires a full renovation and is being sold as-is. A great opportunity for the right buyer to bring this asset back to life. Strong upside potential with the right vision-ideal for cash flow, fix-and-hold, or portfolio expansion.

12024 S Wallace Street | MLS# 12601208

This multi-family property located at 12024 S Wallace Street, Chicago, IL 60628 is currently listed for sale with an asking price of $130,000. S Wallace Street is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Forced Air
Lot Size: 50 X 123
Taxes: $2,269
Year Built: 1899

Feature Descriptions

Exterior: Brick
Lot Dimensions: 50 X 123
Parcel#: 25281110380000
Sewer: Public Sewer
Total Rooms: 9
Township: Lake
Water: Lake Michigan, Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 708-524-1100

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Estimated Payment

$ 516.32 per month $289.32 Principal & Interest $189.08 Property Tax $37.92 Homeowner's Insurance

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