Chicago, IL 60628 12242 S Wallace Street

12242 S Wallace Street Chicago, IL - Image 112242 S Wallace Street Chicago, IL - Image 2
Presented By: Keller Williams Preferred Realty
  • MLS# 12665931
  • 06/02/2026
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Home Details

Build your vision on this oversized Chicago lot, offering endless potential in a residential pocket of West Pullman just steps from established single-family and multi-unit homes. With approximately 4,500+ square feet of land to work with, this parcel is ideal for ground-up new construction or a strategic buy-and-hold addition to your investment portfolio. Enjoy convenient access to I-57, nearby parks, schools, shopping, and public transportation, making this a strong option for future resale or rental demand. Drive by, imagine the possibilities, and bring your architect, builder, and plans-this is your opportunity to create the next great home or income-producing property on a classic Chicago block.
Presented By: Keller Williams Preferred Realty

Interior Features for 12242 S Wallace Street

Bathrooms

Total Baths

General for 12242 S Wallace Street

CityChicago
CountyCook
Current UseSingle Family
DirectionsFrom I-57, take Exit 348 for 119th St east, turn right (south) on Wallace St, and continue to 12242 S Wallace St on your right.
Elementary School District299
High School District299
MLS AreaCHI - West Pullman
Middle/Junior School District299
OwnershipFee Simple
PossessionClosing
Property TypeLand
Property TypeLand
Standard StatusActive
StatusNew
Tax Annual Amount2618.71
Tax Year2024
TownshipLake
UtilitiesElectricity Nearby, Natural Gas Nearby

Exterior for 12242 S Wallace Street

Frontage Length37
Frontage TypeCity Street
Lot Dimensions37x123
Lot Size Acres0.1
Road Surface TypeAsphalt
Total Parking0
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $24,000
MLS#12665931
List Date 06/02/2026
Property Type Land
Phone 847.485.2500
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