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4135 Wallace Street

Chicago, IL 60609
Directions
$600,888
3beds
4baths
sqft
Anything from "is it priced right?" to "what's the catch?"

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1898
Age band100+ Years
Total parking0
Lot dimensions25 x 125
AreaCHI - New City
Architectural styleBungalow
Bedrooms (total)3
Annual tax$4,903
First listedMay 6, 2026
Parcel #20041210010000
CountyCook
MLS #MRD12635515
Days on market2
Photos13

Features

Heating
None
Construction
Brick
Sewer
Public Sewer
Listed by
New Avenue Realty LLC
Jorge Vega

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/7/2026, 2:28:05 PM. All data should be independently verified.

$600,888
3 bd · 4 ba
You + your agent

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