3812 S Wallace Street, Chicago, Illinois 60609

$639,000
7
BD
4
BA

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Sold Price
$639,000
List Price
$639,000
Closing Date
Jan 27, 2026
MLS#
12517956
Status
CLOSED
Type
Multifamily
Subtype
Residential Income
Bedrooms
7
Bathrooms
4
Gross Rental Income
$2,750
County
Cook
City
Chicago
Neighborhood
Bridgeport
Days On Market
17

Property Description

Beautifully updated and well-maintained LEGAL 2-FLAT in the heart of Bridgeport-perfect for investors or owner-occupants. The second-floor unit is a spacious duplex-up featuring 3 bedrooms and 2 full baths. Currently vacant, it offers updated kitchen and bathrooms, high ceilings, and excellent natural light. The first-floor unit, occupied by a long-term tenant, features hardwood flooring throughout. Both the 1st floor and 2nd floor units include dishwashers, a rare convenience in multi-unit buildings. Additional building highlights include double-pane windows, 3 water heaters, and 3 separate HVAC systems. The basement is fully finished and includes 2 bedrooms and 1 bathroom. It is currently rented as a garden unit, providing solid additional income. A shared washer and dryer are also located in the basement. Enjoy the shared back deck that leads directly to the garage with a convenient party door-great for entertaining. This property is truly a turnkey investment with strong income potential and thoughtful updates throughout. Disclaimer - seller was told that the building is a legal 2-flat when purchased. Cook county assessor's record shows that the building has 3 apartments.

Additional Information

School District
299
Elementary School
Mcclellan Elementary School
Middle School
Mcclellan Elementary School
High School
Tilden Career Communty Academy S
Corporate Limits
Chicago
Tax Year
2024
Tax Amount
$11,049
Year Built
1890
Exterior Property Features
Balcony
Lot Dimensions
25x125
Lot Size Range
Less Than .25 Acre
Units
3
Garage Spaces
2
Parking Spaces
2
Parking Details
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Heating
Natural Gas, Forced Air
Sewer
Public Sewer
Basement
Yes
Total Rental Income
$2,750

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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid

Selling Office: RE/MAX Mi Casa.



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