For Sale Commercial MLS# 12779279

3252-56 S Wallace Street

Chicago, IL 60616

$2,000,000

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About 3252-56 S Wallace Street

Rare Bridgeport mixed-use investment opportunity featuring 12 residential units, 3 street-level commercial spaces, and an oversized garage. This substantial property offers multiple income streams and significant value-add potential in a highly desirable location near Chinatown, public transportation, expressways, restaurants, shopping, and neighborhood amenities. Residential units consist of a mix of 1-bedroom and 2-bedroom layouts, with many existing rents offering potential upside for the next owner. Three commercial storefronts provide additional leasing and income opportunities. The oversized rear garage offers exceptional space and flexibility for parking, storage, or other permitted uses. Excellent opportunity for an investor seeking an established income-producing asset with potential to improve operations and increase NOI over time. Buyer to perform due diligence regarding zoning, legal use, unit count, building condition, and all intended uses.Property is being offered AS-IS.

Property details

Property

Type
commercial
Year built
1888
List date
Oct 7, 2026

Schools

District
Chicago Public School District 299

Location

Subdivision
Bridgeport
Neighborhood
Bridgeport

Location

Neighborhood
Bridgeport
School district
Chicago Public School District 299

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Listed by Sharon Wong, Century 21 Realty Associates

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.