12-Unit Mixed-Use
New
For Sale
$2,000,000
3252-56 S Wallace Street, Chicago, IL 60616
Three ground-floor commercial spaces complement apartments with one- and two-bedroom layouts.
Property SizeContact for details
Days on Market5
Property Features for 3252-56 S Wallace Street
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$25,407
Amenities
oversized garage
Building Details
Year Built
1888
Tenancy
Multi
Listing Agency:
CENTURY 21 REALTY ASSOCIATES
(312) 428-9123
Listed By:
SHARON WONG · License #00011443
(312) 623-2823
Source:
Corcoran
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 10 at 3:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 REALTY ASSOCIATES
Investment Insights
Based on property information with market context.
This Chicago mixed-use property combines 12 residential units with 3 commercial spaces at street level. The apartments include a mix of one-bedroom and two-bedroom layouts. An oversized garage is positioned at the rear of the property, adding parking and storage capacity. The building dates to 1888.
At 3252-56 S Wallace Street, the property is near Chinatown, public transportation, expressways, restaurants, shopping, and neighborhood amenities. The property is offered as-is.
At 3252-56 S Wallace Street, the property is near Chinatown, public transportation, expressways, restaurants, shopping, and neighborhood amenities. The property is offered as-is.
Key Highlights
- 12 residential units with a mix of 1‑bedroom and 2‑bedroom layouts
- 3 street‑level commercial spaces
- Oversized garage at the rear of the property
Property Analytics
Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,646
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three ground-floor commercial spaces complement apartments with one- and two-bedroom layouts.
Where is this mixed-use property located?
The property is located at 3252-56 S Wallace Street Chicago, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 12 residential units with a mix of 1‑bedroom and 2‑bedroom layouts; 3 street‑level commercial spaces; Oversized garage at the rear of the property
