Active

$599,000

4135 Wallace Street, Chicago, IL 60609
3 Beds4 Baths7 days
4135 Wallace Street·Chicago, IL 60609
3Bedrooms
4Bathrooms
1898Year Built
About This Home

Canaryville RS-3 zoned property 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. (Agents, read agent remarks).

MLS# 12757669Listed September 11, 2026Residential IncomeBungalow
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms4
Total Rooms11

Size & Structure

Year Built1898
Lot Size25 x 125

Location

CountyCook
TownshipLake
Zip Code60609

Financial

List Price$599,000
Annual Taxes (2024)$5,030
Monthly Tax Est.$419
Parcel #20041210010000
Interior Features

Heating

None

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$5,030
Tax Year 2024
Monthly Tax Est.
$419
per month
Property Location

4135 Wallace Street, Chicago, IL 60609 — Cook County

$599,000
4135 Wallace Street
3 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
25 x 125
$5,030/yr taxes
$3,567
estimated monthly payment
Principal & Interest
$3,148/mo
Property Tax
$419/mo
$599,000
20% — $119,800
3%50%
6.875%
3%12%
Loan Amount
$479,200
Down Payment
$119,800

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

Listed by
New Avenue Realty LLC
Agent: Jorge Vega
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.