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3307 S Wallace Street

Chicago, IL 60616

8 beds
4 baths
– sqft
3,049 sqft lot
1888 build
– on site

Prime Bridgeport Location! Solid Brick 3-Unit Building. Located in the heart of Bridgeport, this well-maintained solid brick 3-flat offers an outstanding investment opportunity. Just this year (2025), major exterior upgrades were completed, including a new front-facing brick wall, new house and garage roofs, and a brand-new garage door. The first floor features two separate units, each offering 2 bedrooms and 1 bathroom, both equipped with central heating. The second-floor unit is a spacious 4-bedroom, 2-bathroom apartment that was fully remodeled just a few years ago and includes central heating and air conditioning. Enjoy a beautiful backyard perfect for BBQs and gatherings, along with a two-car brick garage featuring the newly installed garage door. Outstanding location just minutes from White Sox Park, Armour Square Park, and with a bus stop right outside the building. Easy access to major expressways makes commuting a breeze. Current rents are below market-plenty of upside potential. Always easy to rent. Excellent investment opportunity in a rapidly appreciating neighborhood!

Listing courtesy of MRED / Mango Realty Group as distributed by MLS GRID

Last checked: Checking… • Last updated May 20, 2025 •

MLS# 12370766 —

The Building

Year Built:

1888
Rebuilt:

No
New Construction:

false
Construction Materials:

Brick
Basement:

Unfinished, Full
Foundation Details:

Concrete Perimeter
Other Equipment:

CO Detectors

Interior

Rooms Total:

17

Location

Directions:

Take West 31st to South Wallace and the building is located on 33th St and Wallace
Location:

88295

The Property

Parcel Number:

17331220030000
Property Type:

Residential Income
Lot Size Dimensions:

25 X 125
Lot Size Acres:

0.07
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

10271.81

Beds

Bedrooms Total:

8
Bedrooms Possible:

8

Baths

Baths:

4
Full Baths:

4

The Listing

Special Listing Conditions:

List Broker Must Accompany

Heating & Cooling

Heating:

Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School District:

299
Middle Or Junior School District:

299
High School District:

299

Parking

Parking Total:

2
Parking Features:

On Site, Garage Owned, Detached, Garage
Garage Spaces:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/20/25 May 20, 2025	Listed / Active	MRED	$548,000	143.6% (11.6% / YR)
12/26/12 Dec 26, 2012		MRED	$225,000

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This multifamily located in South Side, Chicago, IL 60616 is currently for sale for $548,000. 3307 S Wallace Street is a – square foot multifamily with 8 beds and 4 baths that has been on Estately for 0 days. 3307 S Wallace Street is in the South Side neighborhood of Chicago and has a WalkScore® of 73, making it very walkable. This multifamily is in the attendance area of Mcclellan Elementary School and Tilden Achievement Academy High School.

Listing courtesy of MRED, Mango Realty Group, and ManChing Ng as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of May 20, 2025, 09:15 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.