2929 S Wallace St Chicago, IL 60616
Bridgeport NeighborhoodEstimated payment $2,433/month
Highlights
- Enclosed Patio or Porch
- Forced Air Heating System
- Senior Tax Exemptions
- Healy Elementary School Rated 9+
- Fenced
- 4-minute walk to Humbert Park
About This Home
ESTATE SALE - Property is being sold AS-IS. Cash Offers Preferred. Attention Rehabbers, Investors, and Owner-Occupants! Bring your vision and creativity to 2929 South Wallace-an exceptional opportunity located in the heart of Bridgeport neighborhood and within the highly sought-after Healy School District. This solid brick two-flat, with aluminum sided front facade, offers tremendous potential as an owner-occupied home, rental investment, or valuable addition to your real estate portfolio. Each unit features a spacious layout with a large living room, formal dining room, spacious kitchen, two bedrooms plus a den (which could serve as a third bedroom), full bathroom and an enclosed real porch that offers additional living space. The first-floor unit includes gas-forced heat and air conditioning, while the second-floor unit is heated by wall space heaters. Renovations have already begun in the first-floor kitchen and await your finishing touches. The full, partially finished basement provides ample storage, a laundry area, and great potential for duplex expansion or additional living space. Other highlights include: Separate utilities for each unit & Two-car garage. Recent updates: New Roof 2022 - New Gutters 2021 - New Front Doors 2021 Don't miss this incredible investment opportunity in one of Chicago's most desirable neighborhoods!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,621
Lot Details
- Lot Dimensions are 25 x 125
- Fenced
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Schools
- Healy Elementary School
Utilities
- Forced Air Heating System
- Space Heater
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Enclosed Patio or Porch
Community Details
- 2 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/17/2025 07/17/25 | Pending | -- | -- | -- |
07/14/2025 07/14/25 | For Sale | $399,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12419771

APN: 17283220110000
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