The Madman creator will illustrate issue #17 of Mark Waid's acclaimed Marvel Comics title after asking to collaborate in a fan letter.
The message was published on the letters page of Daredevil #11.
"Daredevil is one of the first comic-book icons I was ever exposed to," Allred told USA Today.
"I clearly remember hanging upside down on the monkey bars at recess and reading a Daredevil paperback."
Mark Waid was said to be "over the moon" about the collaboration, according to editor Steve Wacker.
Allred previously worked for Marvel on X-Force/X-Statix with Peter Milligan.
The artist is currently illustrating Vertigo's iZombie with writer Chris Roberson. That title will draw to a close with issue #28 later this year.