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$580,000
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Property Description
4 Unit Investment Opportunity, perfect for owner occupy or maximizing rental rates. Cash flow immediately and room to grow ancillary income. Possible to duplex down to tall basement, coin laundry and 2 car garage rental, Alley wall open for advertising income. Unbeatable location just blocks from Guaranteed Rate Field, Chinatown, grocery stores, restaurants, and public transit. The all-brick building is divided into two first-floor units and two second-floor units (1) 1/1 and (3) 2/2's. The top two units are rented out and rents are month to month. Easy access to the loop and major highways including I90/94 and I55, allowing for seamless commuting options and appealing to buyers who value convenience. 50 year Rubber Roof 2014, new tuck pointing 2021, newer electrical, new windows in first floor unit. Don't miss out on this rare investment opportunity in Bridgeport. THIS PROPERTY IS BEING SOLD "AS IS". ***See Broker Remarks***
Full Property Details
Full Property Details for 3440 S Wallace St
General
- Sold For: $580,000
- Taxes: $16,892 (2021)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 11893637
- Added to Site: 920 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: CHI - Bridgeport
- County: Cook
- Driving Directions: North of 35th and East of Halsted
School Information
- School District: 299
- Midd School District: 299
- High School: Tilden Achievement Academy High
- Private School: Tilden Achievement Academy High
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Roof: Rubber
- Year Built: 1885
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 124 x 24.1
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1885
- Tax Amount: $16,892
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17331210860000
Listed by Compass
Sold by Compass
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Schools
Schools serving 3440 S Wallace St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mcclellan Elementary School, Chicago, IL 3527 South Wallace Street, Chicago, IL 60609 | PK-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3440 S Wallace St
Date
Details
Price
Change
Source
1/10/2024
Sold
$580,000
-9.38%
MLS
9/25/2023
Listed
$640,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3440 S Wallace Street, Chicago, IL 60616 (MLS# 11893637) is a Multi-Family property that was sold at $580,000 on January 10, 2024. Want to learn more about 3440 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.

