8505 S Wallace St, Chicago, IL 60620
OFF MARKET

8505 S Wallace St
Chicago, IL 60620

Gresham
  • 2 Beds
  • 1 Bath
  • 1,092 sqft

$111,200

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $821/mo*
Refinance Your Home

$111,200

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $821/mo*
Refinance Your Home
2 Beds
1 Bath
1,092 sqft

Local Information

Map showing home location
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-- mins to
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Description

This single-family home is located at 8505 S Wallace St, Chicago, IL. 8505 S Wallace St is in the Gresham neighborhood in Chicago, IL and in ZIP code 60620. This property has 2 bedrooms, 1 bathroom and approximately 1,092 sqft of floor space. This property has a lot size of 3750 sqft and was built in 1947.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 8505 S Wallace St

Interior Features

Interior Details
BasementNumber of Rooms: 4
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: WoodFoundation Type: Slab

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 3750 sqft

Market trends in Chicago

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$370K
$21.67KMoM
Sale-to-List Price
99.9%
0.5%MoM
Price per sq ft
$281
$14MoM
Available listings
5571
201MoM
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Property Tax and Assessment

Year2024
Tax
Assessment$110,010
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,697/mo
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Homes for rent near 8505 S Wallace St

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Comparable Sales for 8505 S Wallace St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8632 S Parnell Ave, Chicago, IL
0.18
Single-Family Home
$300,000
06/18/25
2
1
887
8616 S Wallace St, Chicago, IL
0.15
Single-Family Home
$90,000
04/22/26
3
1
1,323
8517 S Wallace St, Chicago, IL
0.02
Single-Family Home
$204,900
08/22/25
3
2
990
517 W 87th St, Chicago, IL
0.27
Single-Family Home
$68,000
05/07/26
2
1
931
8427 S Green St, Chicago, IL
0.33
Single-Family Home
$141,000
02/23/26
2
1
856
8507 S Wallace St, Chicago, IL
0.01
Single-Family Home
$440,113
04/01/26
4
2
911
8447 S Green St, Chicago, IL
0.32
Single-Family Home
$60,000
11/07/25
2
1
840
8545 S Lowe Ave, Chicago, IL
0.11
Single-Family Home
$270,000
10/21/25
3
2
781
8856 S Normal Ave, Chicago, IL
0.47
Single-Family Home
$92,000
04/24/26
2
1
931
8852 S Wallace St, Chicago, IL
0.46
Single-Family Home
$89,300
12/22/25
2
1
1,039

Nearby homes

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Assigned Schools

These are the assigned schools for 8505 S Wallace St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Gresham
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Gresham

At least 468 Trulia users voted on each feature.

  • 96 % Say there are sidewalks

  • 74 % Say yards are well-kept

  • 72 % Say car is needed

  • 68 % Say streets are well-lit

  • 67 % Say parking is easy

  • 65 % Say it's walkable to restaurants

  • 63 % Say it's dog friendly

  • 60 % Say there's holiday spirit

  • 54 % Say it's walkable to grocery stores

  • 52 % Say kids play outside

  • 50 % Say neighbors are friendly

  • 39 % Say they plan to stay for at least 5 years

  • 39 % Say it's quiet

  • 38 % Say there's wildlife

  • 37 % Say there are community events

  • 26 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Cmsanders1989
    "I’ve lived in this neighborhood since 2014. Folks are pretty nice around here nothing . Even with crime the neighborhood is still pretty nice."
    2
    Flag
  • Aisha D.
    "Red flag not a good community to live in always shooting and police activity. Not a safe place for children at all"
    14
    Flag
  • Tayvia Mcdowell
    "Make it feel safe to have your kids around also no high percentage of breaks in or robbery’s. I also like how some churches provide services too"
    1
    Flag
  • Tanisha Goodwin
    "Everyone is friendly and mostly keep to themselves everyone keeps there yards clean and cut it’s really nice in my neighborhood "
    6
    Flag
  • Spiderloc0913
    "Everyone in my neighborhood has a unique style to them that’s what makes my neighborhood unique cause of the people that’s in it"
    7
    Flag
  • Spiderloc0913
    "Nothing at all that I can say that wrong with the area but it’s a good place to live so give it a try"
    2
    Flag
  • Hr6kwwkdfq
    "Well, Maintenance neighborhood not a lot of Kill Irving neighborhood commute to downtown and other parts of the city"
    1
    Flag
  • Trulia User
    "Everything safety for kids make sure it’s no perverts kids can play outside they home everything is need to be safe"
    2
    Flag
  • Trulia User
    "Good neighbors and well respected neighborhood great rent prices and a good neighborhood to raise kids "
    4
    Flag
  • Trulia User
    "Some blocks in Englewood are safe and some are not. Mind your business if you live anywhere in Englewood and you’ll be just fine! "
    1
    Flag
  • Trulia User
    "I live in the neighborhood now I've been around here for 16 years and I have not had any trouble It feels safe to me and the neighborhood is still growing trying to bring more business in the neighborhood make schools more safer make the neighborhood safer"
    7
    Flag
  • Trulia User
    "It can and should be better not as much crime as the surrounding neighborhood . It is close to Public Transportation, parks , and Stores that is a plus "
    1
    Flag
  • Terrance E.
    "I've lived in the neighborhood just over a year now, as I have walked through the neighborhood with my dog and driven through it. There is Barton Elementary school close by and the area seems pet friendly. 79th street is busy with a lot of negative activity the further east you go. However the further west you go becomes more peaceful and family oriented. There are several new shopping options like Walmart, Dollar Tree and Aldi that have opened on 76th and Ashland. The community has both homes and rental apts available, however there seems to be an uptick in rehabbed home sales that are causing the home values to significantly increase to 200k plus, several have listed for 300k that were complete rehabbed homes. The good news is younger families are moving in purchasing the rehabbed homes, and many long term residents have lived in their homes 30 plus years. Most of the blocks are quiet, you dont see gangs on the corners, nor do you see drug dealing or prostitution. the area has a city of chicago incentive zone, so many police, teachers, fireman and other city "
    17
    Flag
  • Trulia User
    "People walk their dogs often. Pets are welcome. Neighbors, work together in the community as it relates to pets. "
    0
    Flag
  • Trulia User
    "You will see the neighbors walking their dogs and cleaning up the mess, the dogs are always on their leashes."
    0
    Flag
  • Trulia User
    "It’s a dog friendly neighborhood huge park in the area for pet to play and get great exercise I see others walking their dogs as well"
    0
    Flag
  • Trulia User
    "Decent neighborhood. Pretty quiet on the block I live, can’t say the same about the neighborhood as a whole."
    1
    Flag
  • Trulia User
    "It's a dog-friendly neighborhood. There should be no problems with owning or having a dog as a pet here."
    0
    Flag
  • Trulia User
    "Visited with group of friends. Heard really bad things about this neighborhood. Entirely different from most areas"
    0
    Flag
  • Trulia User
    "Yes. I see people walking their dogs all the time. Pretty friendly neighborhood. Clean and easy access to many different stores, restaurants, and other attractions. "
    0
    Flag
  • Sharvon H.
    "There are a lot of home owners in this neighborhood. There are grocery stores and this a well maintained area. The crime rate is kinda high and but you might wanna watch out for your packages"
    12
    Flag
  • BARBARA H.
    "I ride public transportation in which I enjoy traveling on the bus but will be getting a vehicle soon."
    1
    Flag
  • Ms. E
    "It’s a horrible neighborhood for kids. There’s so much gun violence that it’s not safe for kids to be outside. "
    10
    Flag
  • Chantel B.
    "It’s a smooth transition from point a to point b. You should have any problems unless you get Carina "
    3
    Flag
  • Jamie D. S.
    "The Chicago Park District always has a lot of events.There are also a lot of churches in the Gresham area they have a lot of events and we also offer Saint Sabina church has an annual event every year"
    9
    Flag
  • Porter L. C. J.
    "There are lots if dog owners around, and there are several parks to walk them in. If I had a bigger apartment I'd get a dog myself. "
    4
    Flag
  • Ksimmons430
    "Contrary to negative reviews I have raised sons in this community. They are doing well and did not experience anything more than children living in other neighborhoods."
    6
    Flag
  • Eva K. B.
    "we have no events. To much crime in the neigbborhood.Older people are scared to walk through the neighborhood."
    1
    Flag
  • Michellepchalres
    "Quite because most people been in the area for years other then the dogs and children. it's a school near me so yeah"
    2
    Flag
  • Samonerobinson9912
    "There are many buildings in the area, old homes and plenty of people who live in the neighborhood and Great public transportation and plenty of stores! "
    1
    Flag
  • Danyale G.
    "my neighborhood is sometimes wild but there is public transportation is a beautiful place to see at night and I will always love this place no matter what"
    1
    Flag
  • Ladyk.1226
    "I barely see people out walking their dogs. I don’t think there are too many people that have dogs in this area. Then again it’s not an entirely safe community to do so."
    3
    Flag
  • Lynette J.
    "I like my neighbors every one is friendly.Nice park at the end of the block for the kids.Not that many restaurants but it’s ok."
    0
    Flag
  • Nicole H.
    "I drive but the public transportation is near and very convenient. You have a number of bus routes to choose from."
    0
    Flag
  • Jillian A.
    "It ok just gotta watch what block it better than the next. Some blocks are great but usually only crowded by the store on the corner."
    0
    Flag
  • Tiffany P.
    "Foster Park and St. Sabina have events for the community to bring everyone together, highlight talent, and provide resources for the youth, families, and organizations. "
    1
    Flag
  • James B.
    "I recently moved into this area and I. am not familiar with any of the community projects. I notice that the Catholic Church Saint Sabina is very active in the community"
    1
    Flag
  • Tenisha J.
    "The lounges close by if you want to stop and have a drink after work. I haven’t had any problems in the neighborhood. "
    1
    Flag

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Homes for sale near 8505 S Wallace St

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Off Market Homes Near 8505 S Wallace St

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8505 S Wallace St, Chicago, IL 60620 is a 2 bedroom, 1 bathroom, 1,092 sqft single-family home built in 1947. 8505 S Wallace St is located in Gresham, Chicago. This property is not currently available for sale. The current Trulia Estimate for 8505 S Wallace St is $111,200.