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Mori Jo Conkrite
REALTOR®, NWIAR Board Member, NAHREP Board Member, NAHREP Member, PSA Certified
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12024 S Wallace Street, Chicago, IL 60628

$130,000
  • 12024 S Wallace Street, Chicago, IL 60628 Main Photo

59 Total Photos [Click to View All]

New to the Market Price Change Price Reduced by $169,000 on March 25th, 2026
BEDS5 BATHS2 full MLS#12601208
STATUSPrice Change PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

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.

12024 S Wallace Street | MLS# 12601208

This multi-family property located at 12024 S Wallace Street, Chicago, IL 60628 is currently listed for sale with an asking price of $130,000. S Wallace Street is located within the District 299 school district. Search Chicago real estate on morijo.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Forced Air
Lot Size: 50 X 123
Taxes: $2,269
Year Built: 1899

Feature Descriptions

Exterior: Brick
Lot Dimensions: 50 X 123
Parcel#: 25281110380000
Sewer: Public Sewer
Total Rooms: 9
Township: Lake
Water: Lake Michigan, Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 708-524-1100

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Estimated Payment

$ 516.32 per month $289.32 Principal & Interest $189.08 Property Tax $37.92 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/28/2026. The listing information on this page last changed on 03/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/28/2026 2:07:59 AM EST) or MRED MLS (last updated Sat 03/28/2026 2:04:02 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 03/27/2026 10:15:38 PM EST) or Northern Illinois Commercial Association Realtors (last updated Fri 03/27/2026 2:10:08 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Crosby Starck Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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