$600,888

Estimated payment $3,613/month

Total Views 781
3 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Jorge Vega

New Avenue Realty LLC Brokerage Phone: (312) 444-0981 License #471019078 Listed on: 05/06/2026

Co-Listing Agent

Andrzej Chmenia

New Avenue Realty LLC Brokerage Phone: (312) 444-0981 License #475200982

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,903

Year Built

  • Built in 1898

Lot Details

  • Lot Dimensions are 25 x 125
  • Additional Parcels

Home Design

  • Bungalow
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • No Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,903

Year Built

Built in 1898

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (312) 444-0981
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Flat
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Public

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 25 x 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4903
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,652 $19,714 $2,500 $17,214
2024 $3,652 $19,714 $2,500 $17,214
2023 $3,560 $17,307 $3,125 $14,182
2022 $3,560 $17,307 $3,125 $14,182
2021 $4,424 $22,000 $3,125 $18,875
2020 $4,495 $20,178 $3,125 $17,053
2019 $4,607 $22,930 $3,125 $19,805
2018 $4,529 $22,930 $3,125 $19,805
2017 $6,027 $27,999 $2,812 $25,187
2016 $5,608 $27,999 $2,812 $25,187
2015 $5,131 $27,999 $2,812 $25,187
2014 $4,172 $22,487 $2,656 $19,831
2013 $4,090 $22,487 $2,656 $19,831
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2026 05/06/26 Price Changed $600,888 0.0% --
05/06/2026 05/06/26 For Sale $600,888 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $215,500 --
Deed $215,500 --
Deed $215,500 --
Warranty Deed $380,000 Stewart Title Of Illinois
Warranty Deed $150,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $285,000 Commercial
Previous Owner $220,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12635515

Midwest Real Estate Data (MRED)

APN: 20-04-121-001-0000

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