2902 S WALLACE ST — Rent Intelligence for Chinatown, Chicago

Chinatown · Chicago, IL

Current rent range

$1,326 – $3,266 / mo

5 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★0.00 reviews

Verified reviewsLHOwned byLZ HOME PROPERTY LLC1 bldg

2902 S WALLACE ST

Chicago, IL

HPD violations10last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews0no reviews yet

Rent-stab units—no coverage

Building age—year unknown

311 complaints0last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Chinatown · March 2026

Studio

$1,560/mo

1 BR

$1,670/mo

2 BR

$1,880/mo

3 BR

$2,410/mo

4 BR

$2,840/mo

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

March

Most expensive

November

JFMAMJJASOND

Potential savings: ~19% by timing your move to March.

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Chinatown

Studio

$1,560

$1,326 – $1,794

1 Bed

$2,389

$2,389

2 Bed

$2,889

$2,889

3 Bed

$1,744

$1,744

4 Bed

$2,840

$2,414 – $3,266

Range (P25 – P75)MedianBased on recent listings in Chinatown

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Southwest Chicago

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$1,167

current quarter

Effective rent

—

per bedroom only

YoY change

2.9%

asking, vs 1 yr ago

10-year change

32%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Improving

HPDTop Violations

10 total

All HPD violations
10

311Top Complaints

0 total

Rodent Baiting/Rat Complaint
1
Water Lead Test Kit Request
1
Pothole in Street Complaint
1

DOBTop Filings

10 total

DOB Violations
10

EvictionsEvictions

0 filed

Evictions filed
0

Recent records

Last 7 years

—NO RECORDS—
No HPD records on file in the last 7 years.

See all 10 HPD records

02 / 09

Violations, 311, & more.

05 / 10

The landlord.

LZ HOME PROPERTY LLC

Portfolio of 1 building

Portfolio-level grade reflects the landlord's buildings across the city, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

4.5

avg score / 5

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

nowLZ HOME PROPERTY LLCOwner of record per HPD registration.

05 / 09

The landlord.

06 / 10

Location & daily life.

2902 S WALLACE ST · Chinatown · 41.842° N, -87.642° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby4 min

The neighborhood

Chinatown

Chinatown is one of the most vibrant in North America — dim sum halls, herbal shops, and the ornate Chinatown Gate welcome visitors, while residents enjoy a tight-knit community, affordable rents, and Red Line access at Cermak.

3,537buildings tracked4.3avg LucidIQ$2,389median 1BR

52,707population$72kmedian income62%renters

Chinese CultureFoodieAffordableCommunityWalkable

Explore Chinatown

Browse all Chicago neighborhoods

06 / 09

Location & daily life.

07 / 10

About this area.

Chinatown · 60616

Neighborhood overview

Chinatown→

Vibe · top buildings · landlords · schools · transit

Crime in 60616

See full breakdown→

Incident type · 6-month trend · vs. Chicago average

Rent trends in Chinatown

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

South Loop· 1.55 mi Pilsen· 2.06 mi Loop· 2.09 mi Back of the Yards· 2.22 mi West Loop· 2.24 mi

08 / 10

History of the building.

construction · ownership · permits

1970198019902000201020202030

now

Current owner: LZ HOME PROPERTY LLC

Registered owner on file.

Recent Activity

13 events

311MEDIUMAug 25, 2025
Water Lead Test Kit Request — No details available
311MEDIUMJun 11, 2021
Rodent Baiting/Rat Complaint — No details available
311MEDIUMDec 7, 2020
Pothole in Street Complaint — No details available
DOBMEDIUMMay 1, 2008
DOB Violation — RESTORE EXIT AND EM
DOBMEDIUMMay 1, 2008
DOB Violation — DEBRIS, EXCESSIVE
DOBMEDIUMMay 1, 2008
DOB Violation — CHIMNEY CAPPING
DOBMEDIUMMay 1, 2008
DOB Violation — POST OWNER/MANAGERS NAME/#
DOBMEDIUMMay 1, 2008
DOB Violation — RESTORE EXIT AND EM
DOBMEDIUMMay 1, 2008
DOB Violation — REPAIR PORCH SYSTEM
DOBMEDIUMMay 1, 2008
DOB Violation — PARAPET

07 / 09

History of the building.

10 / 10

Frequently asked questions.

10 / 10

Chicago-specific insights.

Rent Comparison

Studio
This building: $1,326 – $1,794
—Area: —
1 Bed
This building: $1,420 – $1,920
30% belowArea: $2,389
2 Bed
This building: $1,598 – $2,162
35% belowArea: $2,889
3 Bed
This building: $2,049 – $2,772
38% aboveArea: $1,744
4+ Bed
This building: $2,414 – $3,266
—Area: —

Review Summary

0 reviews

0.0 / 5

Mixed feedbackBased on 0 reviews

Read all 0 reviews →

Neighborhood Vibe

Chinese CultureFoodieAffordableCommunityWalkable

Energy Score

No energy benchmarking on file.

Walkability & Transit

Limited transitTransit score · 4 nearby stops

Nearest TransitBus · 4 min walk

Nearby Stops4

Bus

Estimated from nearby transit stop data

Nearby Transit

BUS

Wallace & 31st Street44
0.2 mi4 min
Wallace & 31st Street44
0.2 mi5 min
31st Street & Wallace31
0.2 mi5 min
31st Street & Wallace31
0.2 mi5 min

Nearby Schools & Colleges

No schools within 0.8 mi on file.

At a glance

RLTO protectedNo

Similar Buildings

3617 S MICHIGAN AVE

3617 S MICHIGAN AVE, Chicago, IL

Chinatown

View building

3219 S UNION AVE

3219 S UNION AVE, Chicago, IL

Chinatown

View building

125 E 21ST ST

125 E 21ST ST, Chicago, IL 60616

Chicago

View building

310 E 32ND ST

310 E 32ND ST, Chicago, IL

Chicago

View building

719 W 31ST ST

719 W 31ST ST, Chicago, IL

Chinatown

View building

08 / 09

Similar buildings nearby.

Building record last updated 20 days ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.