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3141 Wallace St

Chicago, IL 60616

3 bd 2 ba 2,000 sqft Built 1964 Lot 3,123 sqft single_family
Most recent sale
$413,900
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $413,900 MLS #11344536
Mar 15, 2022 Relisted $379,000 MLS #11344536
Mar 13, 2022 Listing removed $379,000 MRED
Mar 11, 2022 Listed $379,000 MLS #11344536
Dec 15, 1986 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $23,000 $13,750 $36,750 $7,753
2022 $23,000 $13,750 $36,750 $7,558
2021 $23,000 $13,750 $36,750 $7,390
2020 $12,466 $13,750 $26,216 $5,840
2019 $15,707 $13,750 $29,457 $5,918
2018 $15,707 $13,750 $29,457 $5,819
2017 $15,227 $10,937 $26,164 $3,765
2016 $15,227 $10,937 $26,164 $4,131
2015 $15,227 $10,937 $26,164 $4,314
2014 $13,512 $9,375 $22,887 $3,770
2013 $13,512 $9,375 $22,887 $3,684
2012 $13,512 $9,375 $22,887 $3,659
2011 $13,274 $15,625 $28,899 $3,287
2010 $13,274 $15,625 $28,899 $2,777
2009 $13,274 $15,625 $28,899 $2,435
2008 $19,811 $6,374 $26,185 $2,369
2007 $19,811 $6,374 $26,185 $2,296
2006 $19,811 $6,374 $26,185 $2,277

Property facts

Year built
1964
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,000 sqft
Lot size
3,123 sqft
ZIP code
60616
City
Chicago
Street
Wallace St
Coordinates
41.83691, -87.64103

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,600
Gross rental yield
10.44%
Implied cap rate
6.78%
Trend-extrapolated value

Frequently asked questions

When did 3141 Wallace St last sell?
3141 Wallace St most recently sold on Apr 29, 2022 for $413,900.
What is the current tax assessment for 3141 Wallace St?
The most recent total assessment for 3141 Wallace St (year 2023) is $36,750 with $7,753 in property tax.
How does 3141 Wallace St's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $413,900.
When was 3141 Wallace St built?
3141 Wallace St was built in 1964.
How does 3141 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 3141 Wallace St?
3141 Wallace St is a 3 bed, 2 bath, 2,000 sqft, 3,123 sqft lot single_family.
Is 3141 Wallace St a flip candidate?
No — 3141 Wallace St does not appear in our flips dataset.
Is 3141 Wallace St a tax-appeal candidate?
No — 3141 Wallace St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.4%
Implied 1-yr
+1.7%
2026 Q3
$436.9K
2026 Q4
$438.7K
ZIP 60616 — Median Price History + Forecast

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