# 4135 S Wallace Street, Chicago, IL 60609

> **TL;DR:** 3bd/4ba residential multi family, $600,888, built 1898. Est. $2,604/mo. Listed 26 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $600,888 |
| Bedrooms | 3 |
| Bathrooms | 4 full |
| Year Built | 1898 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 26 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,604 |
| **Total** | **$2,604** |

## Property Highlights

- Built in 1898

## Description

### 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.

## Location

- **Address:** 4135 S Wallace Street, Chicago, IL 60609
- **County:** Cook
- **Coordinates:** 41.818871, -87.640587
- **Google Maps:** https://www.google.com/maps?q=41.818871,-87.640587

## Listing Agent

- **Name:** Jorge Vega
- **Brokerage:** New Avenue Realty LLC
- **Phone:** (312) 444-0030
- **Email:** jv@thenewavenue.com

## Primary Photo

![4135 S Wallace Street - Primary Photo](http://lh.rdcpix.com/570c354d3ffa13afbe53be3c96d4fc53l-f2351652397r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/4135-s-wallace-street-chicago-il-60609-12635515)*

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**MLS#:** 12635515 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/4135-s-wallace-street-chicago-il-60609-12635515)

---

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