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3545 Wallace Ave, Steger, IL, 60475

4beds
2baths
1,880sqft
$185,000
$98price/sqft
$1,533/moest. monthly cost
$61,320/yrincome needed

About This Home

2-unit duplex located in a family-friendly neighborhood. Both units feature identical floor plans, with the exception that one unit includes a spacious deck off the primary bedroom. Each unit offers a large eat-in kitchen with a pantry, a comfortable family room, two bedrooms with generous closet space, a full bathroom, and a convenient linen closet. The property also includes a shared unfinished basement and a shared backyard, providing additional storage and outdoor enjoyment. Ideally situated just one block from Veterans Park, this duplex offers a great combination of comfort, convenience, and location.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

4/10
7/10
Columbia Central SchoolGrades 5-81.5 mi
5/10
Bloom Trail High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Freezer,Microwave,Range / Oven,Refrigerator

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Concrete,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,880 sqft

Property

Details

  • Parcel number: 2315041090610000

Features

  • Exterior features: Vinyl
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 0.26 Acres

Parking

  • Total spaces: 4
  • Parking features: Off-street,On-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Hail
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $935$11,220
Home Insurance *$131$1,572
Property Taxes $323$3,876
Electricity $144$1,735
Total$1,533$18,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,560/yr
40% on housing$45,990/yr
45% on housing$40,880/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 60475$133
Will County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 60475$158
Will County$193

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-30Listed for sale$185,000
2024-03-28Listing removed--
2024-02-28Listed for rent$1,200
2023-02-08Listing removed--
2022-11-08Listed for sale$170,000
1995-05-16Sold$55,000

For Sale by Owner

AgentProperty Owner

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