Courtesy of New Avenue Realty LLC, Vega Jorge , jv@thenewavenue.com;jv@thenewavenue.com

4135 S Wallace, Chicago, Illinois, 60609

Canaryville RS-3 zoned property offers a rare blank canvas in a pocket of Chicago where momentum is already visible. The building has been completely gutted down to the studs, giving the next owner a clean starting point without paying for someone else's dated layout or half finished choices. Rebuild with intention, reconfigure the space, and create a finished product that fits today's buyer or renter. The adjacent vacant lot at 4137 S Wallace is included in the sale, creating a two parcel opportunity with both lots zoned RS 3. That added land opens the door for more yard space, future development possibilities, or a stronger long term hold, subject to buyer verification. New construction and reinvestment are happening throughout the surrounding area, and this location sits within easy reach of Bridgeport, Canaryville, major roads, local businesses, parks, and downtown views. For the investor, builder, or owner occupant with vision, this is not just a renovation project. It is a chance to control a corner of future upside in a changing corridor. Sold as is. Buyer to verify zoning, use, permits, and development options. (Agents, read agent remarks).

Active

$599,000

Multi-family

3 bds

4 ba

MLS

12757669

Built in 1898

Disclaimer: The information contained in this listing has not been verified by New Avenue Realty LLC and should be verified by the buyer.

Information provided by MRED

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ADDRESS & DIRECTIONS

  • Street Address: 4135 S Wallace
  • City: Chicago
  • State: Illinois
  • County: Cook
  • Directions:
    South on Halsted to Root St., East on Root St. to property.

PROPERTY FEATURES

General Information

  • General Information : None

Rooms Information

  • Bedrooms (Below Grade) : 0

Construction Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter

Utility Information

  • Water Source : Public
  • Sewer Source : Public Sewer

SCHOOLS NEAR 4135 S Wallace

  • Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID. The information being provided by Greater Northwest Indiana Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information related to real estate for sale referenced on the web site comes from Internet data exchange (IDX) program of the Greater Northwest Indiana Association of REALTORS. 618-Coldwell Banker Realty - Chicago is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of 618 Coldwell Banker Realty – Chicago, a broker participant of Greater Northwest Indiana Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes is, deemed reliable but not guaranteed and should not be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Northwest Indiana Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited
  • Courtesy of New Avenue Realty LLC, Vega Jorge
  • Property last updated on MRED : 9/11/2026 10:15:19 PM