Active
12024 Wallace Street
Chicago, IL 60628
$130,000 ▼ $169,000 from $299,000
5beds
2baths
—sqft
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About this home
Investor special! This brick 2-unit building sits on an oversized double-wide 50 x 122.8 lot, offering exceptional potential for redevelopment or long-term rental income. The property features a 2 bed / 1 bath first-floor unit and a 3 bed / 1 bath second-floor unit, along with a full unfinished basement ready for future possibilities. This is a true value-add opportunity for experienced investors or rehabbers looking to maximize returns. Property requires a full renovation and is being sold as-is. A great opportunity for the right buyer to bring this asset back to life. Strong upside potential with the right vision-ideal for cash flow, fix-and-hold, or portfolio expansion.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1899
Lot size—
Annual tax$2,269.28
CountyCook
MLS #MRD12601208
Days on market7
Features
Heating
Forced Air
Construction
Brick
Sewer
Public Sewer
Listed by
Coldwell Banker Realty
Tracey Royal
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 3/31/2026, 5:06:20 AM. All data should be independently verified.
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