3307 South Wallace, Chicago IL 60616
$548,000

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Property Description

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!

Features & Information

Key Details

  • List Price $548,000
  • Property Taxes $10,271.81
  • Price/ Sq. Ft. Unavailable
  • Year Built 1888
  • Parking Type Garage
  • Status Contingent

Rooms

  • Total Rooms 17
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator, Range Hood
  • Unit 2 Stove, Refrigerator, Range Hood
  • Unit 3 Stove, Refrigerator, Dishwasher, Range Hood

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property Take West 31st To South Wallace And The Building Is Located On 33th St And Wallace
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 10271.81
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 17331220030000

Utilities

  • Sewer Sewer-Publ

Listed by ManChing Ng for Mango Realty Group | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/16/2025 3:32 AM. 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.

Explore Bridgeport

Age-old beauty and a rich history give Bridgeport an edge over many Chicago neighborhoods. Built on the backs of Irish, German, and Norwegian immigrants, Bridgeport is a stronghold of elegant working-class culture. Welcoming an even more diverse mix of residents today, the shopping, dining and culture here overflow with options for amazing international cuisine, independent boutiques and global festivals. And who could forget, Bridgeport is where the 2005 World Champion Chicago White Sox play their home games. (So don't expect to see many Cubs fans around these parts!) Any time the Sox hit a home run, fireworks shoot out from the stadium as the roar of the crowd serenades the colorful display.


Read More About Bridgeport...

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