2602 S Wallace St, Chicago, IL 60616 Property Records

Cook County property record for 2602 S Wallace St, Chicago, IL 60616

Property Summary

Property Type	Residential
Details	2 bd · 2.5 ba · 3,036 sqft · built 1890
Lot Size	0.072 acres (3,120 sqft)
Owner	Individual Name on Record
Last Sale	$385,000 (Sep 2021)
Tax Bill	$6,752 (2023)
Deeds & Mortgages	Mar 2022 Line of Credit Sep 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`17-28-303-024`

Property Details

APN / Parcel Number

Primary APN	`17-28-303-024`
Alternative APN	`17-28-303-024-0000`

Interior

Bedrooms	2 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Units	4 Units
Stories	2 Stories
Building Area	3,036 sqft Gross Area

Exterior

Year Built	Built 1890
Effective Year Built	Effective 1892
Architectural Style	Multi-Family
Exterior Material	Wood
Construction Type	Frame
Roof Material	Tar & Gravel
Lot Area	3,120 sqft (0.072 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Hot Water

Location & Zoning

Street Address	2602 S WALLACE ST
City	CHICAGO
State	IL
Zip	60616-2518
Property Category	Residential
Property Type	Residential > Specialized > Other
Local Zoning Code	B1-1
Legal Description	WALTER (WRIGHTS) SUB OF NH NH WH SW SEC 28-39-14
Legal Range	14E
Legal Township	39N
Legal Section	28
Legal Subdivision	WRIGHTS SUB
Legal Block	A
Legal Lot Number	2
Jurisdiction	COOK IL
Township / Civil Division	CHICAGO
Census Block Group	1
Census Block	1000
Census Tract	600400

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Chicago Park Boulevard System Historic District listed 2018 · 3,052 contributing resources · NRIS 12000040

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Cook County records, as of July 7, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	2600 S WALLACE ST, CHICAGO, IL 60616-2518
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Mar 17, 2022	Deed of Trust, Mortgage · Line of Credit LAKESIDE BANK
Sep 30, 2021	Warranty Deed, Transfer · Commercial Mortgage PARKWAY BANK & TRUST CO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 30, 2021 · Amount on Record
Deed Sale	Sep 30, 2021 · Amount on Record
Prior Sale	Dec 15, 2004 · Amount on Record
Deed Document Number	202117027
Prior Transfer Date	Apr 7, 1997
Prior Transfer Doc	0000000935
Record Updated	Oct 29, 2026

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	2602 S WALLACE ST, CHICAGO, IL 60616-2518
Transaction Type	Mortgage
Record Updated	Jun 1, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3611 S EMERALD AVE, CHICAGO, IL 60609-1638

Mortgage

Document Number	0007612002
Date	Mar 17, 2022
Instrument	2207612002

Lender

Name	LAKESIDE BANK
Type	Bank
Address	CHICAGO, IL 60608

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

September 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Sep 30, 2021
Property Address	2602 S WALLACE ST, CHICAGO, IL 60616-2518
Document Number	0027317027
Instrument Date	Jun 17, 2021
Instrument	2127317027
Transaction Type	Transfer
Record Updated	Jun 1, 2023
Title Company	CHICAGO TITLE INSURANCE CO

Transaction

Amount	Amount Recorded
Tax	$385.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	2602 S WALLACE ST, CHICAGO, IL 60616-2518

Mortgage

Document Number	0027317030
Date	Sep 30, 2021
Instrument	2127317030

Lender

Name	PARKWAY BANK & TRUST CO
Type	Bank
Address	HARWOOD HEIGHTS, IL 60706

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
Municipality	Chicago City
Unified School District	Chicago Public School District 299 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$49,000 (+53.13%) Land $17,004 Building $31,996	$490,000 (+53.13%) Land $170,040 Building $319,960
2023	$6,752.00 (+2.6%)
2022	$6,581.00	$32,000 Land $13,728 Building $18,272	$320,000 Land $137,280 Building $182,720

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CHICAGO serves 2,721,308 people · EPA ID IL0316000
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	6 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 710 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
AT&T DSL · Fixed Wireless in parts of the area	100 / 20

May also be available: Astound Broadband, Google Fiber, T-Mobile, Zentro.

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