This property is $336.4K less than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #11995327
Listing Office:
Office Name: Village Realty, Inc
Office Phone: (708) 478-1212
Listing Agent: Jana Foreman
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Ryder Math and Science Specialty Elementary School
8716 S Wallace St
Distance between this listing and this school0.30 miles
Public District Grades KG-8
High School
1
/10
Hirsch Metropolitan High School
7740 S Ingleside Ave
Distance between this listing and this school2.15 miles
Public Magnet Grades 9-12
Assigned Schools
2
/10
Ryder Math and Science Specialty Elementary School
8716 S Wallace St
Distance between this listing and this school0.30 miles
Public District Grades KG-8
Nearby Schools
3
/10
Nkrumah Academy Charter Elementary School
8524 S Green St
Distance between this listing and this school0.36 miles
Public Charter Grades KG-6
2
/10
Gresham Elementary School
8524 S Green St
Distance between this listing and this school0.36 miles
Public District Grades PK-8
Nearby Schools
9
/10
Lenart Elementary Regional Gifted Center
8101 S La Salle St
Distance between this listing and this school0.75 miles
Public Magnet Grades PK-8
5
/10
Turner-Drew Elementary Language Academy
9300 S Princeton Ave
Distance between this listing and this school1.04 miles
Public Magnet Grades KG-8
4
/10
Burnside Elementary Scholastic Academy
650 E 91st Pl
Distance between this listing and this school1.75 miles
Public Magnet Grades PK-8
Assigned Schools
1
/10
Hirsch Metropolitan High School
7740 S Ingleside Ave
Distance between this listing and this school2.15 miles
Public Magnet Grades 9-12
Nearby Schools
7
/10
Simeon Career Academy High School
8147 S Vincennes Ave
Distance between this listing and this school0.45 miles
Public District Grades 9-12
1
/10
Harlan Community Academy High School
9652 S Michigan Ave
Distance between this listing and this school1.72 miles
The neighbors living near this home have an average income of $54,703. Typical income of Chicago, IL residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Far Southwest Side, Chicago
What are the common housing types in Far Southwest Side, Chicago?
Roughly three quarters of the population of this community own their home while the rest are renters. Single detached homes are the predominant housing type, representing most dwellings in this part of the city, and the remainder are mainly small apartment buildings. This community experienced its largest building boom before the 1960s, so most of the available properties are from this time period. This part of the city offers mainly two bedroom and three bedroom homes.
What are the advantages of living in Far Southwest Side, Chicago?
Far Southwest Side offers a relaxed ambience and will appeal to home buyers who enjoy spending time outdoors. This community is reasonably quiet, as noise from the streets and other parts of the city is rarely an issue - although that is not the case around one of the railway lines, Dan Ryan Expressway West Leg or Interstate 57. Lastly, parks, such as Mount Greenwood Park and Hayes Park, are very well-distributed and there are about 40 of them nearby for residents to enjoy, making it easy to reach them.
Are essential services in Far Southwest Side, Chicago convenient?
It is usually an option for home buyers in Far Southwest Side to buy groceries on foot. Over 100 groceries are situated nearby, and the best selection can be found on streets such as 99th Street. Moreover, those who like to eat in restaurants will have a fair number of opportunities, and home buyers are served by about 40 cafes as well. It is also a reasonably short walk to a good variety of clothing stores. Concerning education, in Far Southwest Side, locals will generally be able to reach both primary and secondary schools by walking. Besides public schools, there are private elementary and secondary schools.
How do Far Southwest Side, Chicago residents get around?
Far Southwest Side will please homeowners that value several means of transportation. The good public transit access allows people to get to many destinations without needing a car. More specifically, there is the 99th St - Beverly Hills Station, Ashburn Station and Brainerd Station with access to the Rock Island Line and Southwest Service Line. There are around 30 bus lines, and bus stops are usually nearby. Traveling by car is also easy in Far Southwest Side. It is easy to park. A majority of the homes for sale in this part of Chicago are located in areas that are quite well-suited for walking; many daily errands can be run on foot.
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Frequently Asked Questions About 8500 S Wallace St
What is the listing price of this property?
The listing price of 8500 S Wallace St property is $10,000.
What type of property is this?
The property 8500 S Wallace St is land located in Chicago, Illinois, 60620.
Is this property for sale now?
Active Listing: 8500 S Wallace St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8500 S Wallace St are: Ryder Math and Science Specialty Elementary School: GreatSchools Rating 2/10Hirsch Metropolitan High School: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $268 (source: MLS/based on county public records data).
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This home is located at 8500 S Wallace St in Chicago, IL and zip code 60620 in the Far Southwest Side neighborhood. This home sits on a 0.06 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $10,000.
Chicago, IL housing market in March 2024 saw over 612 listings sold above listed price, more than 317 sold at listed price and over 916 sold below. Between February 2024 and March 2024, Chicago, IL real estate market has seen increase in the number of listings by 21.5%. While the average time on the market in March 2024 was 40 days, the median list price was $346,470.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
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