Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12585945MLS Provider

3201 S Wallace StreetChicago, IL 60616

Commercial
$1,750 Active

3201 S Wallace Street Overview

Time on Site:
115 days
Visits:
0

Excellent opportunity to join an established medical practice at 3201 S. Wallace St. in Chicago. Individual medical exam rooms are available for lease within a fully functioning clinic environment, offering a turnkey solution for healthcare providers. The office features a professionally managed reception area, staffed front desk, and a comfortable patient waiting area, kitchenette area, lab area, allowing practitioners to focus on patient care while benefiting from an existing operational setup. The layout supports efficient patient flow and clinical use. Several different suites ranging from $1500-$2000. Situated in a well-populated and convenient Bridgeport location, the property serves a strong local patient base and is easily accessible for surrounding neighborhoods. Ideal for physicians, specialists, therapists, wellness providers, or other healthcare professionals looking for an affordable and efficient practice space within an established setting. A rare opportunity to operate within a fully functioning medical office environment without the expense of a full build-out.

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3201 S Wallace Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross

Building Information

  • Year Built: 1908

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Bridgeport
  • Township: South Chicago

Rent/Lease Information

  • Tenant Pays: Recapture Fee

General Information

  • Property Sub Type: Business
  • Property Type: Commercial Lease

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 800
  • Stories: 1

Unit Information

  • Unit SqFt.: 600

Exterior

General Information

  • Number Of Units Total: 4

3201 S Wallace Street Neighborhood

Community

60616 (CHICAGO) Demographics

38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3201 S Wallace Street Market Data

Based on the last 30 days in this zip code

$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

3201 S Wallace Street History

Date Event Value Agent
3/11/2026Source: MRED Status Change
Active
3/6/2026Source: MRED Added to Database
March 06, 2026