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  5. 2543 S Wallace Street
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2543 S Wallace Street

2543 S Wallace Street, Chicago, IL, 60616

YEAR BUILT

1928

# STORIES

3

# TOTAL UNITS

12

UNIT SIZE RANGE

820-1,200 sqft

Description

2543 S Wallace Street stands in Chicago, near the intersection of South Halsted Street and West 31st Street. This area features a mix of neighborhood charm and access to city amenities. The Chicago River lies nearby, adding to the local environment. The low-rise structure has 3 stories and contains 12 condominium units. Built in 1928, the building carries a classic charm. Units vary in size from 820 to 1,200 square feet, with configurations offering 2 or 3 bedrooms. Price points for the units range from $196,000 to $210,000. The lowest sold price in the past year was around $196,000, while the average closed price sits at $203,000. The average price per square foot is $249, with units typically remaining on the market for 63 days. Nearby dining options include Mei Shun Tofu Products Co and Eastern Seafood Wholesale Market. For those needing groceries, Wing Fung Market is also close. The building benefits from convenient access to main roads and street-level services. The architecture presents a straightforward appeal, fitting well into its surroundings. Common areas and features bring comfort to daily life. The building combines a historic feel with everyday conveniences in a vibrant neighborhood.

Building ImageMLS ID #12322239
Building ImageMLS ID #12305910
Building Image
Building ImageView Listing

2543 S Wallace Street

2543 S Wallace Street, Chicago, IL, 60616

YEAR BUILT

1928

# STORIES

3

# TOTAL UNITS

12

UNIT SIZE RANGE

820-1,200 sqft

Description

2543 S Wallace Street stands in Chicago, near the intersection of South Halsted Street and West 31st Street. This area features a mix of neighborhood charm and access to city amenities. The Chicago River lies nearby, adding to the local environment. The low-rise structure has 3 stories and contains 12 condominium units. Built in 1928, the building carries a classic charm. Units vary in size from 820 to 1,200 square feet, with configurations offering 2 or 3 bedrooms. Price points for the units range from $196,000 to $210,000. The lowest sold price in the past year was around $196,000, while the average closed price sits at $203,000. The average price per square foot is $249, with units typically remaining on the market for 63 days. Nearby dining options include Mei Shun Tofu Products Co and Eastern Seafood Wholesale Market. For those needing groceries, Wing Fung Market is also close. The building benefits from convenient access to main roads and street-level services. The architecture presents a straightforward appeal, fitting well into its surroundings. Common areas and features bring comfort to daily life. The building combines a historic feel with everyday conveniences in a vibrant neighborhood.

Next

Description

2543 S Wallace Street stands in Chicago, near the intersection of South Halsted Street and West 31st Street. This area features a mix of neighborhood charm and access to city amenities. The Chicago River lies nearby, adding to the local environment. The low-rise structure has 3 stories and contains 12 condominium units. Built in 1928, the building carries a classic charm. Units vary in size from 820 to 1,200 square feet, with configurations offering 2 or 3 bedrooms. Price points for the units range from $196,000 to $210,000. The lowest sold price in the past year was around $196,000, while the average closed price sits at $203,000. The average price per square foot is $249, with units typically remaining on the market for 63 days. Nearby dining options include Mei Shun Tofu Products Co and Eastern Seafood Wholesale Market. For those needing groceries, Wing Fung Market is also close. The building benefits from convenient access to main roads and street-level services. The architecture presents a straightforward appeal, fitting well into its surroundings. Common areas and features bring comfort to daily life. The building combines a historic feel with everyday conveniences in a vibrant neighborhood.

2543 S Wallace Street Key Stats Last 12 months

Avg. Listed Price$229,000($280/Sqft.)

Avg. Sale Price$203,000($249/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market63 days

Average HOA fees per sqft$4 /monthly
Next

Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market63 days

Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

High
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

2543 S Wallace Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 8882021882025-06-03
MLS#: 12305910
Closed$196,000
Unit 7782021372025-05-02
MLS#: 12322239
Closed$210,000
Unit 551200322082009-03-16
MLS#: 06999967
Closed$190,000
Unit 5
5

3 Beds

2 Baths

1200 sqft


DateStatusPrice
2009-03-16Closed$190,000
MLS#: 06999967
Days On Market208
Unit 7
7

2 Beds

1 Baths

820 sqft


DateStatusPrice
2025-05-02Closed$210,000
MLS#: 12322239
Days On Market37
Unit 8
8

2 Beds

1 Baths

820 sqft


DateStatusPrice
2025-06-03Closed$196,000
MLS#: 12305910
Days On Market88
View Complete Unit Listing HistorySource By: MRED

Amenities

While specific amenities aren't outlined, the appeal of condo living often lies in the sense of community and shared spaces. Imagine settling into a lively neighborhood and connecting with your neighbors, perhaps at a community gathering or a casual meet-up in nearby parks. Envision unwinding after a long day, strolling through the tree-lined streets, or enjoying a cup of coffee at a local café. That’s the beauty of city life—there’s always something to explore just steps from your door.

Next

Amenities Description

While specific amenities aren't outlined, the appeal of condo living often lies in the sense of community and shared spaces. Imagine settling into a lively neighborhood and connecting with your neighbors, perhaps at a community gathering or a casual meet-up in nearby parks. Envision unwinding after a long day, strolling through the tree-lined streets, or enjoying a cup of coffee at a local café. That’s the beauty of city life—there’s always something to explore just steps from your door.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Policies

For all the pet enthusiasts out there, 2543 S Wallace Street welcomes your furry friends with open arms, as both cats and dogs are allowed. This is a significant perk for those who see pets as part of their family. You can now cuddle up with your beloved animal companions in your new condo without a worry in the world.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
2543 S Wallace Street$249/sqft.$4 /sqft.
2543 S Wallace St$249/sqft.$4 /sqft.
475 W 24th Street$295/sqft.$5 /sqft.
2322 S Canal St$302/sqft.$4 /sqft.
2322 S Canal Street$302/sqft.$4 /sqft.
2310 S Canal St$232/sqft.$3 /sqft.

Nearby Schools

Situated in Bridgeport, 2543 S Wallace Street is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|0.13 miles away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|0.37 miles away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|0.46 miles away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|0.46 miles away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|0.47 miles away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|0.5 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

Situated in Bridgeport, 2543 S Wallace Street is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|Less than 1 Mile Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|Less than 1 Mile Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|Less than 1 Mile Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|Less than 1 Mile Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|Less than 1 Mile Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|Less than 1 Mile Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|Less than 1 Mile Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|Less than 1 Mile Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|Less than 1 Mile Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|Less than 1 Mile Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|Less than 1 Mile Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|Less than 1 Mile Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|Less than 1 Mile Away

Holden Elementary School

B
Public|Grades PK–8
1104 W 31st St|Less than 1 Mile Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|Less than 1 Mile Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|Less than 1 Mile Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|Less than 1 Mile Away

Armour Elementary School

B+
Public|Grades KG–8
950 W 33rd Pl|Less than 1 Mile Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|Less than 1 Mile Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.04 Miles Away

McClellan Elementary School

C+
Public|Grades PK–8
3527 S Wallace St|1.08 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|1.09 Miles Away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|1.19 Miles Away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|1.20 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.22 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|1.25 Miles Away

Juarez Community Academy High School

D+
Public|Grades 9–12
1450 W Cermak Rd|1.28 Miles Away

Air Force Academy High School

B-
Public|Grades 9–12
3630 S Wells St|1.33 Miles Away

Bridgeport Catholic Academy

--
Private|Grades PK–8
3700 S Lowe Ave|1.33 Miles Away

De la Salle Institute - Institute Campus

--
Private|Grades 9–12
3434 S Michigan Av...|1.35 Miles Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|1.37 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|1.40 Miles Away

St Pius V School

--
Private|Grades PK–8
1919 S Ashland Ave|1.41 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.46 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.50 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.51 Miles Away

Cooper Elementary Academy

D
Public|Grades PK–5
1624 W 19th St|1.52 Miles Away

Perspectives Charter - Iit Campus

C+
Public|Grades 6–12
3663 S Wabash Ave|1.53 Miles Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|1.56 Miles Away

Chicago Military Academy High School

C
Public|Grades 9–12
3519 S Giles Ave|1.59 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.63 Miles Away

Acero Charter School Network - Bartolome de las Casas

D
Public|Grades KG–8
1641 W 16th St|1.65 Miles Away

Whittier Elementary School

C-
Public|Grades KG–8
1900 W 23rd St|1.71 Miles Away

I. Wells Preparatory Elementary Academy

C+
Public|Grades KG–8
249 E 37th St|1.72 Miles Away

Urban Preparatory Charter Academy Bronzeville High School

B-
Public|Grades 9–12
521 E 35th St|1.78 Miles Away

Evergreen Academy Middle School

B-
Public|Grades 6–8
3537 S Paulina St|1.80 Miles Away

Urban Prairie Waldorf School

--
Private|Grades PK–8
1310 S Ashland Ave|1.84 Miles Away

Urban Prairie

--
Private|Grades PK–8
1310 S Ashland Ave|1.84 Miles Away

Doolittle Elementary School

D
Public|Grades PK–8
535 E 35th St|1.84 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.84 Miles Away

Transit

Located in a transit-friendly area of Chicago, 2543 S Wallace Street provides easy access to nearby public transportation. Within a 2-mile radius, Bus, Metro, Rail support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

1100 S Columbus (Pedestrian Underpass)

1.93 miles away|37 min walk

1111 W Pershing

1.68 miles away|33 min walk

1132 W Pershing

1.7 miles away|33 min walk

1349 W 35th Street

1.46 miles away|28 min walk

1440 S Indiana

1.5 miles away|29 min walk

1501 W Pershing

1.93 miles away|38 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in a transit-friendly area of Chicago, 2543 S Wallace Street provides easy access to nearby public transportation. Within a 2-mile radius, Bus, Metro, Rail support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

1100 S Columbus (Pedestrian Underpass)

1.93 miles away|37 min walk

1111 W Pershing

1.68 miles away|33 min walk

1132 W Pershing

1.7 miles away|33 min walk

1349 W 35th Street

1.46 miles away|28 min walk

1440 S Indiana

1.5 miles away|29 min walk

1501 W Pershing

1.93 miles away|38 min walk

18th

1.65 miles away|32 min walk

18th St.

1.47 miles away|29 min walk

18th Street & Ashland

1.51 miles away|29 min walk

18th Street & Blue Island

1.3 miles away|25 min walk

18th Street & Carpenter

1.02 miles away|20 min walk

18th Street & Damen

1.94 miles away|38 min walk

18th Street & Halsted

0.88 miles away|17 min walk

18th Street & Laflin

1.4 miles away|27 min walk

18th Street & Paulina (Pink Line)

1.62 miles away|32 min walk

18th Street & Peoria

0.9 miles away|18 min walk

18th Street & Racine

1.11 miles away|22 min walk

18th Street & Sangamon

0.93 miles away|18 min walk

18th Street & Throop

1.21 miles away|24 min walk

18th Street & Wolcott

1.85 miles away|36 min walk

18th Street & Wood

1.72 miles away|34 min walk

2300 S Halsted

0.41 miles away|8 min walk

2450 S Ashland

1.28 miles away|25 min walk

2451 S Ashland

1.27 miles away|25 min walk

2501 S Damen

1.76 miles away|34 min walk

2559 S Damen

1.76 miles away|34 min walk

25th Street & Michigan

1.01 miles away|20 min walk

2608 S Damen

1.78 miles away|35 min walk

26th Street & Indiana

0.99 miles away|20 min walk

26th Street & King Drive

1.21 miles away|24 min walk

26th Street & Normal

0.08 miles away|2 min walk

26th Street & Prairie

1.09 miles away|21 min walk

2700 S Ashland

1.27 miles away|25 min walk

27th St.

1.45 miles away|28 min walk

2800 S King Drive

1.24 miles away|24 min walk

3000 S King Drive

1.29 miles away|25 min walk

3000 S Michigan

1 miles away|20 min walk

3000 S Wentworth

0.66 miles away|13 min walk

31st Street & Aberdeen

0.85 miles away|17 min walk

31st Street Beach

1.81 miles away|35 min walk

31st Street & Canal

0.58 miles away|12 min walk

31st Street & Giles

1.24 miles away|24 min walk

31st Street & Halsted

0.6 miles away|12 min walk

31st Street & King Drive

1.33 miles away|26 min walk

31st Street & Lituanica

0.68 miles away|13 min walk

31st Street & Lock

1.07 miles away|21 min walk

31st Street & Loomis

0.87 miles away|17 min walk

31st Street & Michigan

1.06 miles away|21 min walk

31st Street & Morgan

0.75 miles away|15 min walk

31st Street & Racine

0.92 miles away|18 min walk

The Neighbourhood: Bridgeport

Bridgeport sits on the south side of Chicago near the Chicago River. This district contains the Bridgeport Art Center and several small galleries that host local exhibits. Ping Tom Memorial Park offers riverfront paths, open lawn, and boat access. Navy Pier provides rides, museums, and seasonal fairs within a short drive. Maria's Packaged Goods & Community Bar serves food and beer to locals and visitors. Restaurants such as local pizzerias and small diners line nearby blocks and serve casual meals. Guaranteed Rate Field draws fans for White Sox games and events. CTA Red Line serves the neighborhood at the Sox–35th station and connects to downtown. Buses provide local links to other South Side neighborhoods and to rail lines. Parks and green spaces host sports, picnics, and community gatherings throughout the year. Small shops and bakeries sit at ground level in mixed commercial buildings and sell everyday goods. Streets carry a mix of two‑flat homes, newer condos, and small apartment buildings. Demographic data shows that the most common age group is 25 to 29 and the most common household type has 2 people.

Next

Neighbourhood Description

Bridgeport sits on the south side of Chicago near the Chicago River. This district contains the Bridgeport Art Center and several small galleries that host local exhibits. Ping Tom Memorial Park offers riverfront paths, open lawn, and boat access. Navy Pier provides rides, museums, and seasonal fairs within a short drive. Maria's Packaged Goods & Community Bar serves food and beer to locals and visitors. Restaurants such as local pizzerias and small diners line nearby blocks and serve casual meals. Guaranteed Rate Field draws fans for White Sox games and events. CTA Red Line serves the neighborhood at the Sox–35th station and connects to downtown. Buses provide local links to other South Side neighborhoods and to rail lines. Parks and green spaces host sports, picnics, and community gatherings throughout the year. Small shops and bakeries sit at ground level in mixed commercial buildings and sell everyday goods. Streets carry a mix of two‑flat homes, newer condos, and small apartment buildings. Demographic data shows that the most common age group is 25 to 29 and the most common household type has 2 people.

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2543 S Wallace Street Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 15.03% are children aged 0–14, 20.28% are young adults between 15–29, 22.76% are adults aged 30–44, 19.01% are in the 45–59 range and 22.92% are seniors aged 60 and above. Commuting options are also varying where 57.36% of residents relying on driving, while others prefer public transit around 21.77%, walking around 5.31%, biking around 2.66%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.74% of units are rented and 40.26% are owner occupied. The neighborhood offers different household types. About 26.74% are single family homes and 7.03% are multi family units. Around 34.54% are single-person households, while 65.46% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 21.72% of residents have bachelor’s degrees. Around 23.51% have high school or college education. Another 4.03% hold diplomas while 13.71% have completed postgraduate studies. The remaining are 37.03% with other types of qualifications.

Next

Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 15.03% are children aged 0–14, 20.28% are young adults between 15–29, 22.76% are adults aged 30–44, 19.01% are in the 45–59 range and 22.92% are seniors aged 60 and above. Commuting options are also varying where 57.36% of residents relying on driving, while others prefer public transit around 21.77%, walking around 5.31%, biking around 2.66%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.74% of units are rented and 40.26% are owner occupied. The neighborhood offers different household types. About 26.74% are single family homes and 7.03% are multi family units. Around 34.54% are single-person households, while 65.46% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 21.72% of residents have bachelor’s degrees. Around 23.51% have high school or college education. Another 4.03% hold diplomas while 13.71% have completed postgraduate studies. The remaining are 37.03% with other types of qualifications.

Age Demographics

0–14 Years

15.03%

15–29 Years

20.28%

30–44 Years

22.76%

45–59 Years

19.01%

60+ Years

22.92%

Commute

21.77%

Transit

5.31%

Walk

57.36%

Drive

2.66%

Bike

Housing Ownership

40.26%

Owner Occupied

59.74%

Rental Units

Household Types

Single Family
26.74%
Multi Family
7.03%
Single Person
34.54%
Multi Person
65.46%

Average Income

Household:$5,733,986.14 /yr

Individual:$3,219,273.9 /yr

Education

Bachelors Degree21.72%
High School College23.51%
Diploma4.03%
Post Graduate13.71%
Others37.03%
Next

Education

Diploma4.03%
Post Graduate13.71%
Others37.03%
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  1. Home
  2. /Chicago, IL
  3. /
    2543 S Wallace Street
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