12024 S Wallace Street, Chicago, IL 60628

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
12024 S Wallace Street,Chicago, IL 60628
$130,000
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tracey royal
Office: coldwell banker realty
MLS#:12601208
Source:MLSNI

Price summary

  • Price:$130,000

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.

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Home facts

  • Year built:1899
  • Listing ID #:12601208
  • Updated:May 11, 2026 at 10:53 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:9
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1899

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$130,000
  • Tax amount:$2,269 (2022)
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