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$639,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 7 Total Beds
  • 2 Car Garage
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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.

Full Property Details for 3812 S Wallace St

General

  • Price: $639,000
  • Taxes: $11,049 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12517956
  • Updated: 12/1/2025
  • Added to Site: 66 day(s) ago

Rental Information

  • Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 7

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - Bridgeport
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Wallace is West of I90/94 or East of Halsted, take 35th street to Wallace, South on Wallace to 3812. It is on the west side of the street.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Mcclellan Elementary School
  • Middle School: Mcclellan Elementary School
  • High School: Tilden Career Communty Academy S
  • Private School: Tilden Career Communty Academy S

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full, Walk-Out Access
  • Year Built: 1890
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1890
  • Tax Amount: $11,049.95
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17333240250000

Listed by Baird & Warner

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Listing agent

— 3812 S Wallace St —

  • Baird & Warner

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3812 S Wallace St

School District:Chicago Public School District 299
NameGradesDistance
Mcclellan Elementary School, Chicago, IL
3527 South Wallace Street, Chicago, IL 60609
PK-80.4 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 3812 S Wallace St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/14/2025
Listed
$639,000
22.88%
MLS
7/26/2020
Sold
$520,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3812 S Wallace St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,706
3%
$41,261
—
2022
$8,487
-8%
$41,261
-10%
2021
$9,250
22%
$46,000
24%
2020
$7,556
-4%
$37,022
-13%
2019
$7,861
2%
$42,555
—
2018
$7,727
19%
$42,555
26%
2017
$6,520
4%
$33,665
—
2016
$6,243
10%
$33,665
—
2015
$5,688
-21%
$33,665
-18%
2014
$7,171
2%
$41,216
—
2013
$7,018
-10%
$41,216
-11%
2012
$7,828
—
$46,119
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3812 S Wallace Street, Chicago, IL 60609 (MLS# 12517956) is a Multi-Family property with 3 units containing 7 bedrooms and 0 full bathrooms. 3812 S Wallace Street is currently listed for $639,000 and was received on November 14, 2025. Want to learn more about 3812 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.

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