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About This Home

This 3-bedroom, 4-bathroom residential multi family at 4135 S Wallace Street in Chicago, IL is listed for $600,888. Built in 1898, on a N/A lot.

Agent Description

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.

Key Features

  • Built in 1898

Property Details

4 full
1898

Monthly Cost Estimate

$3,214/mo

20% down · 6.5% · 30 years

Principal$435
Interest$2,604
Insurance$175

Estimates only. Actual payments may vary.

Location

4135 S Wallace Street

Chicago, IL 60609

Property Details

Construction

Brick

Questions & Answers

This 3-bedroom, 4-bathroom residential multi family at 4135 S Wallace Street is listed at $600,888. The estimated monthly payment is $2,604 based on 20% down at 6.5% interest.

Key features include: Built in 1898.

This property is listed by Jorge Vega and can be reached at (312) 444-0030 or jv@thenewavenue.com.

JV

Jorge Vega

Agent at New Avenue Realty LLC

(312) 444-0030

Listed by New Avenue Realty LLC · View on Broker Site

MLS# 12635515· Source: listhub· Updated 26 days ago

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.

4135 S Wallace Street, Chicago, IL 60609

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