See Home Value
Chicago 60628 Fernwood
10535 S Wallace Street
$252,000 - $306,000
House - Off Market

10535 S Wallace Street

Chicago, IL 60628
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1609 Sqft
Sold Jan 16, 2024
$285,000
$275,437 by Bmo Bank Na
Mortgage Due Feb 01, 2054
Sold Feb 07, 2023
$100,000
$170,640 by Loan Funder Llc
Mortgage Due Jan 24, 2024

About This Property

Welcome to your newly rehabbed dream home at 10535 S Wallace, a masterpiece of modern luxury nestled within the vibrant tapestry of Chicago's Fernwood neighborhood. This impeccable residence has just undergone an extensive renovation, ensuring that everything is fresh, modern, and ready to impress. Featuring a spacious layout with 3 generously sized bedrooms and a total of 2.5 meticulously designed baths, this home offers ample space for relaxation and entertainment. The state-of-the-art kitchen is a chef's paradise, complete with gleaming quartz countertops that marry beauty with durability flowing to the open concept dining room. But that's not all! Appliances will be installed prior to closing, ensuring that your new home is fully equipped and ready to go. Every detail of this home has been thoughtfully crafted, showcasing custom accent walls that infuse elegance into every room. You'll enjoy not just one, but two wood-burning fireplaces that add warmth and character to your living spaces. With two levels and a finished basement, you'll have plenty of space to make this home truly your own. As you descend into the fully finished basement, where sophisticated epoxy floors seamlessly merge style with functionality, creating an inviting atmosphere for all your gatherings. Step outside to discover a generous-sized backyard, perfect for outdoor activities and gardening enthusiasts. Plus, you'll have the convenience of a 2-car garage to shelter your vehicles and belongings. In addition to the wonderful features of this home, the Fernwood community offers a range of community amenities and conveniences. Easy access to the expressway (90/94),  and public transportation, steps to  Fernwood Park. As well as access to schools, fitness centers, shopping , and restaurants, and shopping and much more. Call now for your private tour and make this your new home today!

The manager has listed the unit size as 1609 square feet.
Unit Size
1,609Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1936

Price History

Date / Event Date Event Price
Jan 16, 2024 Sold to Taryn Nicole Randle, Vivian... $285,000
Sold to Taryn Nicole Randle, Vivian...
Jan 11, 2024 No longer available -
No longer available
Nov 10, 2023 In contract -
In contract
Nov 3, 2023 Listed $279,900
Listed
Feb 7, 2023 Sold $100,000
Sold

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,880
  • Total Building Area: 1,609
  • Gross Building Area: 1,609
  • Building Area: 1,609
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,609
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TENINGA BROS. & COS FIFTH BELLEVUE
  • Land Acres: 0.112
  • 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 : RANDLE TARYN NICOLE
  • Current Owner 2: MORENO VIVIANO
  • Previous Owner : GRAND RISING LLC
  • Owner Before Previous Owner: NATHANIEL GRACE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

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: 25-16-118-009-0000
  • Block: 16
  • Lot: 21,22
  • Meridian: SEC 16 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7023
  • Longitude: -87.6376

    Address

  • Full Address: 10535 S Wallace St
  • Address - House Number: 10535
  • 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: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 273,127
  • High Value: 300,742
  • Low Value: 245,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,437
  • First Open Lien Mortgage Lender: BMO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 16, 2024
  • First Open Lien Mortgage Loan Amount: $275,437
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $26,840
  • Market Improvement Value: $123,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $2,684
  • Assessed Improvements Value: $12,316

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Transaction ID: 11919220862
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33337
  • Previous Sale Recording Date: Feb 07, 2023
  • Previous Sale Contract Date: Jan 19, 2023
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO BANK NA
  • First Mortgage Transaction Date: Jan 16, 2024
  • First Mortgage Loan Amount: $275,437
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: LOAN FUNDER LLC
  • Previous Mortgage Transaction Date: Feb 07, 2023
  • Previous Mortgage Loan Amount: $170,640
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jan 24, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,600 ft²
$187/ft²
$299,000 Aug 10, 2023
-
$252/mo
House
3 Beds
2.5 Baths
1,338 ft²
$187/ft²
$249,900 Oct 20, 2023
-
$252/mo
House
3 Beds
2 Baths
1,416 ft²
$162/ft²
$229,900 Oct 9, 2023
-
$138/mo
House
3 Beds
2 Baths
1,223 ft²
$217/ft²
$265,000 Sep 6, 2023
-
$252/mo
House
3 Beds
2.5 Baths
1,064 ft²
$277/ft²
$295,000 Oct 7, 2023
-
$151/mo
House
3 Beds
2 Baths
1,025 ft²
$234/ft²
$239,900 Oct 6, 2023
-
-
House
2 Beds
2 Baths
1,275 ft²
$198/ft²
$252,500 Oct 24, 2023
-
$151/mo
House
5 Beds
2 Baths
2,133 ft²
$127/ft²
$269,900 Oct 25, 2023
-
$179/mo
Multifamily
4 Beds
-
-
$315,000 Oct 4, 2022
-
$59/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 10535 South Wallace Street built and last sold?
The property at 10535 South Wallace Street was built in 1936 and last sold on Jan 3, 2024 for $285,000.
How much is this home worth?
The estimated value of the home located at 10535 South Wallace Street is $280,955.
What are some comparable homes to 10535 South Wallace Street?
Homes that are comparable to 10535 South Wallace Street include a house property at 10818 South Sangamon Street, 504 West 104th Street, 10627 South Normal Avenue.

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