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12242 S Wallace Street , 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.
MLS ID: 12808454
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12242 S Wallace Street , Chicago, IL 60628.

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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $19,000 | $19,000 | $19,000 |
| Down Payment | $3,800 | $665 | $4,750 |
| Monthly Mortgage Amount | $99 | $123 | $122 |
| Taxes | $26 | $26 | $26 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $8 | $0 |
| Monthly Estimated Total | $225 | $257 | $248 |
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