4135 S Wallace St Chicago, IL 60609
Bridgeport NeighborhoodEstimated payment $3,613/month
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
New Avenue Realty LLC Brokerage Phone: (312) 444-0981 License #471019078 Listed on: 05/06/2026
Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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 | -- | -- |
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: Midwest Real Estate Data (MRED)
MLS Number: 12635515
APN: 20-04-121-001-0000
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Ask me questions while you tour the home.