See Home Value
Chicago 60628 Fernwood
10531 S Wallace Street
$252,500*
House - Off Market

10531 S Wallace Street

Chicago, IL 60628
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1275 Sqft
$227,000 - $277,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Dec 26, 2023
$247,500
$243,016 by Guaranteed Rate, Inc.
Mortgage Due Jan 01, 2054
Sold Apr 17, 2023
$105,000

About This Property

Looking for a gorgeous, just-rehabbed home in red-hot Fernwood Park with great room sizes & curb appeal? Then come see this stunning brick ranch home, with 3 bedrooms & 2 bathrooms, on a beautiful, quiet block that is literally steps from the park. The 1st floor is open & spacious, with gleaming hardwood floors & tons of light, & features the living room, an eat-in kitchen with a large eating area, a separate breakfast room, 2 large bedrooms with plus-sized closets, & a full bath. The gorgeous chef's kitchen boasts brand-new, higher-end stainless steel appliances, a granite counter top, tile back splash, & 42" soft-touch shaker cabinets. The basement features the 2nd full bathroom, 3rd bedroom, a huge family room, laundry room, & storage area. & out back is a large backyard with a patio that is perfect for entertaining, a 1 1/2-car garage, & a side drive for additional parking. Professional landscaping, tuck pointing, new roof, a sump pump for flood control, all new central heating, central air, electrical, plumbing etc. - too much to list! This is truly a must see!

The manager has listed the unit size as 1275 square feet.
Unit Size
1,275Ft²
Days on Market
-
Land Size
-
Price per sqft
$198
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Dec 30, 2023 No longer available -
No longer available
Dec 26, 2023 Sold to Deloise Capers-jordan, Jame... $247,500
Sold to Deloise Capers-jordan, Jame...
Nov 17, 2023 No longer available -
No longer available
Nov 15, 2023 Listed $252,500
Listed
Looking for a gorgeous, just-rehabbed home in red-hot Fernwood Park with great room sizes & curb appeal? Then come see this stunning brick ranch home, with 3 bedrooms & 2 bathrooms, on a beautiful, quiet block that is literally steps from the park. The 1st floor is open & spacious, with gleaming hardwood floors & tons of light, & features the living room, an eat-in kitchen with a large eating area, a separate breakfast room, 2 large bedrooms with plus-sized closets…
Oct 26, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,538
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,076
  • Gross Building Area: 1,076
  • Building Area: 1,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TENINGA BROS. & COS FIFTH BELLEVUE
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (TENINGA) BROS. & COS (FIFTH)(BELLEVUE) ADD TO ROSEL AND SUB IN PT NW SEC 16-37-14

Ownership

  • Current Owner : CAPERS JAMES
  • Current Owner 2: CAPERS-JORDAN DELOISE
  • Previous Owner : FRESHWATER ENTERPRISES LTD
  • Owner Before Previous Owner: CHICAGO TRUST COMPANY NA
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 491100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-16-118-008-0000
  • Block: 16
  • Lot: 22,23
  • Meridian: SEC 16 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7024
  • Longitude: -87.6375

    Address

  • Full Address: 10531 S Wallace St
  • Address - House Number: 10531
  • Street Direction: S
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C010
  • 4-Digit Zip Code: 2442
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,824
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2676
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 189,785
  • High Value: 240,574
  • Low Value: 138,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,016
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Dec 26, 2023
  • First Open Lien Mortgage Loan Amount: $243,016
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $30,460
  • Market Improvement Value: $119,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $3,046
  • Assessed Improvements Value: $11,954

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 26, 2023
  • Current Sale Transaction ID: 11918316206
  • Current Sale Price: $247,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6231
  • Previous Sale Recording Date: Apr 17, 2023
  • Previous Sale Contract Date: Mar 28, 2023
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Dec 26, 2023
  • First Mortgage Loan Amount: $243,016
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,275 ft²
$202/ft²
$257,900 Oct 10, 2023
-
$151/mo
House
2 Beds
2 Baths
1,500 ft²
$153/ft²
$230,000 Jul 15, 2023
-
$92/mo
House
3 Beds
2.5 Baths
1,338 ft²
$187/ft²
$249,900 Oct 20, 2023
-
$252/mo
House
3 Beds
2 Baths
1,223 ft²
$221/ft²
$269,900 Sep 6, 2023
-
$252/mo
House
3 Beds
2 Baths
1,300 ft²
$177/ft²
$229,900 Aug 2, 2023
-
$134/mo
House
3 Beds
2 Baths
1,025 ft²
$234/ft²
$239,900 Oct 6, 2023
-
-
House
3 Beds
2 Baths
1,416 ft²
$162/ft²
$229,900 Oct 9, 2023
-
$138/mo
House
3 Beds
2.5 Baths
1,600 ft²
$187/ft²
$299,000 Aug 10, 2023
-
$252/mo
House
4 Beds
2 Baths
1,500 ft²
$146/ft²
$219,000 Oct 1, 2023
-
$69/mo
House
4 Beds
4 Baths
1,813 ft²
$116/ft²
$210,000 Jan 26, 2023
-
$53/mo
House
4 Beds
2.5 Baths
2,100 ft²
$124/ft²
$259,900 Oct 12, 2023
-
$197/mo
Commercial
Loft
-
2,500 ft²
$104/ft²
$260,000 Aug 22, 2023
-
$1,346/mo

About Far South Chicago


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Frequently Asked Questions

When was property at 10531 South Wallace Street built and last sold?
The property at 10531 South Wallace Street was built in 1954 and last sold on Dec 18, 2023 for $247,500.
How much is this home worth?
The estimated value of the home located at 10531 South Wallace Street is $251,931.
What are some comparable homes to 10531 South Wallace Street?
Homes that are comparable to 10531 South Wallace Street include a house property at 10531 South Wallace Street, 10055 South Emerald Avenue, 10352 South Peoria Street.

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