4135 S Wallace Street Chicago IL 60609 MLS #MRD12635515

MLS #MRD12635515 image #0
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.

Property Details

Price:
$600,888
MLS #:
MRD12635515
Status:
Active
Beds:
3
Baths:
4
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
May 6, 2026
Year Built:
1898
BungalowChi – New CityChinewcity

Schools

School District:
299

Interior

Heating
None

Exterior

Architectural Style
Bungalow
Construction Materials
Brick
Roof
Flat

Financial

Tax Year
2024
Taxes
$4,903

Listing Agent & Office

Jorge Vega
New Avenue Realty LLC

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