2 fully occupied apartments - 3rd Floor Unit Comes Vacant. $6,667/month gross income; New construction. Excellent condition, minimal maintenance Tenants pay heat & electric. Low landlord expenses. Non-Article XI. Maximum rent flexibility. Finished basement provides additional usable space. Exceptional investment opportunity! This non-Article XI multifamily property features three spacious apartments, each offering 3 bedrooms and 2 full bathroom. The building also includes a finished basement, providing additional usable space and flexibility. Recently constructed from the ground up, this property is in excellent condition and requires minimal maintenance. Tenants are responsible for their own heat and electric, while the landlord pays only water and insurance, helping to maximize net operating income. Ideally located in a prime area close to shopping, restaurants, schools, public transportation, and major highways, this property offers strong rental appeal and long-term investment potential. Whether you are looking to expand your portfolio or acquire a turnkey income-producing asset, this is an opportunity you do not want to miss.

Property Details of 2722 Wallace Avenue, Allerton

Property Details

Interior Features

Utilities and Appliances

Community

Other Details

Map Location

Driving Directions

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 1, 2026 8:21 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from East Egg Realty. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.