8852 S Wallace St Chicago, IL 60620
Auburn Gresham NeighborhoodEstimated payment $508/month
Highlights
- Hot Property
- Corner Lot
- Sitting Room
- Loft
- Screened Porch
- Formal Dining Room
About This Home
There's a PRICE IMPROVEMENT on this brick single-family home situated on a rare corner double lot - Seller says...Bring Your Vision! Now is the perfect time to take another look at this quaint, character-filled brick 2-bedroom home with a finished attic, ideally situated on a corner double lot with two separate addresses-a true rarity offering flexibility, outdoor space, and endless potential for expansion or redevelopment. Step inside and you'll find a cozy, inviting layout that's ready to be reimagined. The finished attic provides extra space perfect for additional bedrooms, a home office, or creative studio-whatever fits your lifestyle. Outside, the fenced double lot provides a blank canvas for your imagination-think lush gardens, an oversized garage, or even a future addition. Whether you're an investor seeking opportunity or a homeowner looking to create something uniquely yours, this property offers the space and structure to bring your ideas to life. Neighborhood Highlights: Nestled in the heart of Washington Heights, you'll enjoy proximity to Dan Ryan Woods, Foster Park, and the Major Taylor Trail-perfect for walking, running, or biking. Convenient access to local schools, shopping, dining, and the Metra ensures easy connectivity to downtown and beyond. With I-57 nearby, commuting is simple and quick. Don't miss this chance to secure a solid brick home with a generous double lot-now at an even better value! Your next home or investment project starts right here.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $496
Year Built
- Built in 1892
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
- Fenced
- Corner Lot
- Additional Parcels
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,039 Sq Ft Home
- 1.5-Story Property
- Family Room
- Sitting Room
- Living Room
- Formal Dining Room
- Loft
- Screened Porch
- Utility Room with Study Area
- Laundry Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
3D Interior and Exterior Tours
Floorplans
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 |
|---|---|---|---|---|
| 2024 | -- | $7,600 | $2,969 | $4,631 |
| 2023 | -- | $2,501 | $1,711 | $790 |
| 2022 | $0 | $2,501 | $1,711 | $790 |
| 2021 | $202 | $2,498 | $1,709 | $789 |
| 2020 | $202 | $6,488 | $2,343 | $4,145 |
| 2019 | $193 | $7,130 | $2,343 | $4,787 |
| 2018 | $187 | $7,130 | $2,343 | $4,787 |
| 2017 | $0 | $8,546 | $2,031 | $6,515 |
| 2016 | $0 | $8,546 | $2,031 | $6,515 |
| 2015 | $0 | $8,546 | $2,031 | $6,515 |
| 2014 | -- | $8,488 | $1,875 | $6,613 |
| 2013 | -- | $8,488 | $1,875 | $6,613 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Price Changed | $89,300 | -5.0% | $86 / Sq Ft |
| 10/02/2025 10/02/25 | For Sale | $94,000 | -- | $90 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | -- | None Listed On Document | |
| Deed | -- | None Available |
About the Listing Agent
Chicago-born and real estate-obsessed, I’ve spent 21+ years mastering the art of residential sales, specializing in REO and non-REO assets—especially reverse mortgage REOs. As the Managing Broker of Trademarks & Associates, LLC, I lead with expertise, earning top industry accolades, including Diamond Awards and a spot in the top 1% of realtors. At Trademarks and Associates, we do more than sell properties—we provide hands-on, personalized service, ensuring every asset shines. From REO
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12488069
APN: 25-04-111-040-0000
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