3812 S Wallace Street Chicago, IL $ 639,000
3812 S Wallace Street
$ 639,000
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3812 S Wallace Street

Chicago, IL, 60609
$ 639,000
Bedrooms7 Baths4.0

Monthly Estimate*

$ 3,987

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Multi-Family Home for sale in Chicago, IL

for $639,000 with 7 bedrooms and 4 full baths. This home was built in 1890.

Beautifully updated and well-maintained LEGAL 2-FLAT in the heart of Bridgeport-perfect for investors or owner-occupants. The second-floor unit is a spacious duplex-up featuring 3 bedrooms and 2 full baths. Currently vacant, it offers updated kitchen and bathrooms, high ceilings, and excellent natural light. The first-floor unit, occupied by a long-term tenant, features hardwood flooring throughout. Both the 1st floor and 2nd floor units include dishwashers, a rare convenience in multi-unit buildings. Additional building highlights include double-pane windows, 3 water heaters, and 3 separate HVAC systems. The basement is fully finished and includes 2 bedrooms and 1 bathroom. It is currently rented as a garden unit, providing solid additional income. A shared washer and dryer are also located in the basement. Enjoy the shared back deck that leads directly to the garage with a convenient party door-great for entertaining. This property is truly a turnkey investment with strong income potential and thoughtful updates throughout. Disclaimer - seller was told that the building is a legal 2-flat when purchased. Cook county assessor's record shows that the building has 3 apartments.

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Multi-Family Contingent

Price

$ 639,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,049

Style

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12517956

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1890
Township South Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 33000
Community Features Park Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 16
Status Contingent
Directions Wallace is West of I90/94 or East of Halsted take 35th street to Wallace South on Wallace to 3812. It is on the west side of the street.
High School Tilden Career Communty Academy S
City Chicago
High School District 299
MLS Area CHI - Bridgeport
Elementary School Mcclellan Elementary School
Tax Annual Amount 11049.95
Middle/Junior High School Mcclellan Elementary School
Additional Parcels Y/N N
Virtual Tour https://thomas-clark-productions.aryeo.com/sites/gqeolnl/unbranded
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full Walk-Out Access
Total Bedrooms 7
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Exterior Amenities Balcony
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 25x125
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

jennifer.liu@bairdwarner.com

Email

Affordability Calculator

$4,907
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,987
Monthly Property Taxes
$921
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4685851 Elementary School
4685851 Middle School
Tilden Career Communty Academy S High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$639,000 Listed Price

Map


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3812 S Wallace Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $639,000. 3812 S Wallace Street has 7 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 60609 which is in Chicago, IL