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$405,000
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Property Description
ESTATE SALE - Property is being sold AS-IS. Cash Offers Preferred. Attention Rehabbers, Investors, and Owner-Occupants! Bring your vision and creativity to 2929 South Wallace-an exceptional opportunity located in the heart of Bridgeport neighborhood and within the highly sought-after Healy School District. This solid brick two-flat, with aluminum sided front facade, offers tremendous potential as an owner-occupied home, rental investment, or valuable addition to your real estate portfolio. Each unit features a spacious layout with a large living room, formal dining room, spacious kitchen, two bedrooms plus a den (which could serve as a third bedroom), full bathroom and an enclosed real porch that offers additional living space. The first-floor unit includes gas-forced heat and air conditioning, while the second-floor unit is heated by wall space heaters. Renovations have already begun in the first-floor kitchen and await your finishing touches. The full, partially finished basement provides ample storage, a laundry area, and great potential for duplex expansion or additional living space. Other highlights include: Separate utilities for each unit & Two-car garage. Recent updates: New Roof 2022 - New Gutters 2021 - New Front Doors 2021 Don't miss this incredible investment opportunity in one of Chicago's most desirable neighborhoods!
Full Property Details
Full Property Details for 2929 S Wallace St
General
- Sold For: $405,000
- Taxes: $3,621 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12419771
- Added to Site: 230 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, On Site, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Bridgeport
- County: Cook
- Driving Directions: 31st Street to Wallace north to property
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Healy Elementary School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Space Heater
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Bath/Stubbed, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 125
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Tax Amount: $3,621.31
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 17283220110000
Listed by Bridgeport Realty Group, LLC
Sold by Kale Realty
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Schools
Schools serving 2929 S Wallace St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Healy Elementary School 3010 South Parnell Avenue, Chicago, IL 60616 | PK-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2929 S Wallace St
Date
Details
Price
Change
Source
10/14/2025
Sold
$405,000
1.28%
MLS
7/14/2025
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2929 S Wallace Street, Chicago, IL 60616 (MLS# 12419771) is a Multi-Family property that was sold at $405,000 on October 14, 2025. Want to learn more about 2929 S Wallace Street? Do you have questions about finding other Multi-Family real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.

