3231 South Wallace Street, Chicago
technical data · neighborhood and transit
Quick answers
- Does 3231 South Wallace Street have open permits or code violations?
- Chicago Department of Buildings lists 7 permits, 3 not closed, and 26 violations, 24 open.
- What is the 2026 conforming loan limit in Cook County?
- $832,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
- Is radon a problem here?
- EPA radon zone 2, moderate potential.
- What natural disasters is 3231 South Wallace Street at risk for?
- FEMA's National Risk Index rates the area relatively low overall, with elevated cold wave risk.
Permits and code violations
3 permits not closed out. Unfinished permits pass to the next owner. 24 open violations.
- Permit - renovation/alteration Nov 2014Complete
Remodel existing 1 1/2 story brick single family residence, new rear open wood deck
- Permit - easy permit process Nov 2014
Garage
- Permit – express permit program Jul 2014Complete
Change of electrical contractor for original permit # 100528560
- Permit - renovation/alteration May 2014Complete
Interior alteration of concrete-block and frame single family building new 1050 sq.ft. second floor frame addition. new back wood open deck
- Permit - renovation/alteration Sep 2010Complete
Interior renovation to existing basement within (1) story sfr. iii-b const. as per plans
- Permit - easy permit process Jun 2010
Replace damaged drywall as needed. electrical circuits, lighting, receptacles & 100 amp service- all work same as existing
- Permit - easy permit process Mar 2010
( no tuck-pointing ,grinding or structural ): remove sidings form north and south side of basement of house, replace brick for north and south side of basement wall of the the house (250 ). subject to field inspection
Chicago Department of Buildings
Safety and environment
FEMA natural hazard risk
Relatively Low
Highest for this area: cold wave. These drive insurance cost here.
FEMA National Risk Index, census tract
Leaking fuel tanks
10 within 1,650 ft
Nearest: B&F Tungeon, 3315 South Parnell (550 ft), open. 3 still open. Ask whether groundwater or soil vapor testing was done.
EPA UST Finder, leaking underground storage tank releases
Toxic release facility
3,000 ft
Europtec Usa Llc and 10 more within a mile. Reports chemical releases to air, water or land to EPA each year.
EPA Toxics Release Inventory
Radon potential
Moderate
Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.
EPA and USGS Geologic Radon Potential Map
Nearest public schools
1,500 ft
Healy Elem School (1,500 ft), Minnie Minoso Academy (1,800 ft), Armour Elem School (2,450 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Major airport
6.6 mi
Chicago Midway (MDW). Aircraft may be audible under approach paths.
FAA large-hub airports
Sinkhole-prone ground
Limestone karst
The bedrock here (dolostone (dolomite), Silurian) can dissolve and open sinkholes. Ask for a geotechnical report and check whether sinkhole coverage is in the insurance policy.
USGS Karst in the United States (OFR 2014-1156)
Conforming loan limit 2026
$832,750
Cook County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.
FHFA Conforming Loan Limit Values, one-unit
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Who lives and works in Chicago
Trading floors, logistics and the deepest architecture stock in America
Chicago carries a full corporate economy at a price the coasts do not match. Neighborhoods are distinct and walkable, two and three flats are everywhere, and the Loop still sets the commute for finance, law and consulting.
- $71,673
- median household income
- 18.9%
- residents aged 25 to 34
- 45%
- households that own their home
What pays the bills
- Finance and trading
- Logistics and rail
- Law and consulting
- Healthcare
- Manufacturing
Who anchors the economy
CME Group · Boeing suppliers · University of Chicago · Northwestern Medicine · United Airlines
The market is shaped around
- Young professionals
- Families buying space
- Two and three flat owners
More on South Wallace Street
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
- Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
- Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
- Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.
The year built, height regime, structure, and elevator for this address are being indexed right now, city by city. Save the page and check back: it fills in over time. If you live here, you can fill it in yourself in a minute by leaving a review.