12116 Wallace St
Chicago, IL 60628
3 bd 2 ba 2,200 sqft Built 1914 Lot 7,500 sqft single_family
Most recent sale
$150,000
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $150,000 | MLS #11420018 |
| Jul 18, 2022 | Relisted | $159,900 | MLS #11420018 |
| Jul 15, 2022 | Listing removed | $159,900 | MRED |
| Jun 21, 2022 | Price changed | $159,900 | MLS #11420018 |
| Jun 6, 2022 | Relisted | $184,900 | MLS #11420018 |
| May 31, 2022 | Listing removed | $184,900 | MRED |
| Mar 29, 2022 | Listing removed | $165,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $2,770 | $1,230 | $4,000 | $846 |
| 2020 | $7,510 | $1,691 | $9,201 | $807 |
| 2019 | $8,420 | $1,691 | $10,111 | $793 |
| 2018 | $8,420 | $1,691 | $10,111 | $778 |
| 2017 | $8,374 | $1,537 | $9,911 | $2,138 |
| 2011 | $9,312 | $1,845 | $11,157 | $14 |
| 2010 | $9,312 | $1,845 | $11,157 | $13 |
| 2009 | $9,312 | $1,845 | $11,157 | $631 |
| 2008 | $10,049 | $2,336 | $12,385 | $37 |
| 2007 | $10,049 | $2,336 | $12,385 | $88 |
| 2006 | $10,049 | $2,336 | $12,385 | $93 |
Property facts
Year built
1914
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,200 sqft
Lot size
7,500 sqft
ZIP code
60628
City
Chicago
Street
Wallace St
Coordinates
41.67363, -87.63731
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 12116 Wallace St last sell?
12116 Wallace St most recently sold on Sep 29, 2022 for $150,000.
What is the current tax assessment for 12116 Wallace St?
The most recent total assessment for 12116 Wallace St (year 2023) is $4,000 with $846 in property tax.
How does 12116 Wallace St's assessment compare to its last sale price?
The current assessment is 97.3% below the last sale price of $150,000.
When was 12116 Wallace St built?
12116 Wallace St was built in 1914.
How does 12116 Wallace St compare to others on Wallace St?
We track 8 other properties on Wallace St. Browse the list under "Other properties on Wallace St" to compare beds, baths, and sale history.
What are the property facts for 12116 Wallace St?
12116 Wallace St is a 3 bed, 2 bath, 2,200 sqft, 7,500 sqft lot single_family.
Is 12116 Wallace St a flip candidate?
No — 12116 Wallace St does not appear in our flips dataset.
Is 12116 Wallace St a tax-appeal candidate?
No — 12116 Wallace St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$199.7K
2026 Q4
$202.3K
ZIP 60628 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wallace St