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Residential Land for Sale in Chicago, Illinois

12242 S Wallace St, Chicago, IL 60628

$29,000
0.1 acres
Active
ago
Est $268/mo

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
Community
CHI - West Pullman
Elevation
616 feet
Coordinates
41.6711, -87.6371

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

DateEventPriceChangeSource
Dec 8, 2025New listing$29,000MRED
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This 0.1-acre property is located at 12242 S Wallace St in Chicago, IL 60628. The property is available for sale for $29,000.

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