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11940 S Wallace St, Chicago, IL, 60628

4beds
2baths
--sqft
$39,900
--price/sqft
$437/moest. monthly cost
$17,480/yrincome needed

About This Home

Exceptional opportunity for experienced investors, rehabbers, and developers! Built in 1901, this spacious two-unit property offers approximately 2,112 square feet of living space on a 3,100 sq. ft. lot in Chicago's West Pullman neighborhood. Featuring a flexible multi-unit layout and full basement, this property presents an outstanding value-add opportunity for a complete renovation or potential redevelopment (subject to buyer due diligence and municipal requirements). Bring your vision and restore or reimagine this property to its full potential. Conveniently located near schools, parks, shopping, public transportation, and major expressways, the location offers strong long-term appeal for investors and future occupants alike. Whether you're looking to expand your rental portfolio, complete your next renovation project, or capitalize on a redevelopment opportunity, this property offers exceptional upside potential. Property is being sold AS-IS. Buyer to verify all room sizes, zoning, permits, and property information. Exercise caution during all showings due to the property's condition.

Getting Around

66
WalkingSomewhat Walkable
57
TransitGood Transit
64
BikeBikeable

Schools

Construction

Condition

  • Year built: 1901

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Other,Partial

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Other

Property

Details

  • Parcel number: 25281030370000
  • Special condition: None

Lot

  • Lot size: 0.71 Acres
  • Lot size dimensions: 30 x 125

Parking

  • Total spaces: 2
  • Parking features: Off Alley,Yes,Owned