
Residential Land for Sale in Chicago, Illinois
12242 S Wallace St, Chicago, IL 60628
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.
Location
- Street address
- 12242 S Wallace St
- County
- Cook County
- Community
- CHI - West Pullman
- Elevation
- 616 feet
Directions
W 127th St and S Halsted St to S Wallace St in Chicago
Property details
- Lot size
- 0.1 acres4,356 sq ft
- MLS #
- MRED 12529604
- Posted
Property taxes
- 2023
- $846
Parcels
- 25281270320000
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 8, 2025 | New listing | $29,000 | — | MRED |