11931 S Wallace Street

Chicago, IL
$ 45,000 Beds 4 Baths 2 Sq 1,586
Monthly Estimate* How much can I afford?

Attention investors, rehabbers, and visionaries! This 4 bed 2 bath 2 story home in Chicago's West Pullman neighborhood is an opportunity to unlock serious potential. The property requires a full renovation, making it a canvas for a profitable fix-and-flip or a custom renovation for an owner-occupant ready to build instant equity. With its generous footprint and classic two-story layout, the possibilities are wide open to create a modern, high-value home. Whether you're looking to transform it into a stylish residence or maximize resale value, this property offers the kind of upside savvy buyers search for. Bring your contractor, your creativity, and your vision; this is your chance to turn a diamond in the rough into something exceptional. Property is being sold AS-IS WHERE IS.

Active

  • Price
  • $ 45,000
  • City
  • Chicago
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • COOK
  • Half Bathrooms
  • 0
  • Area
  • CHI - West Pullman
  • Lot Size
  • Zip
  • 60628
  • Sqr Footage
  • 1,586
  • Year Built
  • 1898
  • Taxes
  • $ 847
  • Style
  • MLS#
  • 12586107
Listed By: Coldwell Banker Realty
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1586
Sewer Public Sewer
Heating Natural Gas,Forced Air
Cooling None
Possession Closing,Immediate
Association Fee Includes None
Construction Materials Frame
Year Built 1898
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Total Rooms 8
Full Baths 2
Status Active
Directions east/west on W 119th St to S Wallace St; south on S Wallace St to address
City Chicago
High School District 299
MLS Area CHI - West Pullman
Tax Annual Amount 847.15
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Detached Single

Interior Features

Basement Unfinished,Full
Total Bedrooms 4
Room Type No additional rooms
LivingAreaSource Assessor
Total Baths 2
Bedrooms Possible 4

Exterior Features

Water Source Lake Michigan,Public
Lot Dimensions 0.08
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Elmwood Park, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/7/2026 Listed $50,000
8/23/2026 10% - $45,000

Property vs Zip Code Average in 60628

Price
AVG $200K
$50K
Taxes
AVG $3,345
$847
Year Built
AVG 1924
1898
Visits
AVG 202
700
Data Provided by Inside Real Estate®

Areas That We Cover

11931 S Wallace Street Chicago, IL is a Single Family Home for sale at $45000 with 1586 sqft and a lot size of Acre(s). 11931 S Wallace Street Chicago has 4 bedrooms, 2 baths and was built in 1898. The property's zip code is 60628 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.