Closed

$399,900

2929 Wallace Street, Chicago, IL 60616
6 Beds2 Baths4 days
2929 Wallace Street·Chicago, IL 60616
6Bedrooms
2Bathrooms
About This Home

ESTATE SALE - Property is being sold AS-IS. Cash Offers Preferred. Attention Rehabbers, Investors, and Owner-Occupants! Bring your vision and creativity to 2929 South Wallace-an exceptional opportunity located in the heart of Bridgeport neighborhood and within the highly sought-after Healy School District. This solid brick two-flat, with aluminum sided front facade, offers tremendous potential as an owner-occupied home, rental investment, or valuable addition to your real estate portfolio. Each unit features a spacious layout with a large living room, formal dining room, spacious kitchen, two bedrooms plus a den (which could serve as a third bedroom), full bathroom and an enclosed real porch that offers additional living space. The first-floor unit includes gas-forced heat and air conditioning, while the second-floor unit is heated by wall space heaters. Renovations have already begun in the first-floor kitchen and await your finishing touches. The full, partially finished basement provides ample storage, a laundry area, and great potential for duplex expansion or additional living space. Other highlights include: Separate utilities for each unit & Two-car garage. Recent updates: New Roof 2022 - New Gutters 2021 - New Front Doors 2021 Don't miss this incredible investment opportunity in one of Chicago's most desirable neighborhoods!

MLS# 12419771Listed July 14, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms12

Size & Structure

Garage Spaces2
Lot Size25 X 125

Location

CountyCook
TownshipSouth Chicago
Zip Code60616

Financial

List Price$399,900
Annual Taxes (2023)$3,621
Monthly Tax Est.$302
Parcel #17283220110000
Interior Features

Heating

Natural GasForced AirSpace Heater

Basement

Partially FinishedBath/StubbedFull
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet Lights
Schools
Elementary
Healy Elementary School
District: 299
Tax & Financial
Annual Taxes
$3,621
Tax Year 2023
Monthly Tax Est.
$302
per month
Property Location

2929 Wallace Street, Chicago, IL 60616 — Cook County

$399,900
2929 Wallace Street
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
25 X 125
$3,621/yr taxes
$2,403
estimated monthly payment
Principal & Interest
$2,102/mo
Property Tax
$302/mo
$399,900
20% — $79,980
3%50%
6.875%
3%12%
Loan Amount
$319,920
Down Payment
$79,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Bridgeport Realty Group, LLC
Agent: Sheila Messer
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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