Real Estate Agent Linda Dunn

Linda Dunn REALTOR®

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654 W 31st Street, Chicago, IL 60616

$950,000
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  • 654 W 31st Street, Chicago, IL 60616 Main Photo

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Active Price Reduced by $350,000 on May 13th, 2026
LOT SIZE 60x122.75 MLS#12571341
STATUSActive PROPERTY TYPELand - Commercial SCHOOLDistrict 130
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Property Description

Unlock the potential of The Union Assembly perfectly located at 654-58 W. 31st Street, a prime 7,365 SF corner lot in the heart of Bridgeport, one of Chicago's most vibrant and historic neighborhoods. This vacant parcel offers exceptional frontage, high visibility, and is ideally situated in a Transit Oriented Development (TOD) area. Zoned C1-1 & B3-2, with potential for a C1-3 up-zone, it's a developer's dream. Included are architectural plans for a modern 2-story mixed-use building featuring a flexible ground-floor commercial space-perfect for a cafe, boutique, or office-and upscale residential units above, thoughtfully designed for contemporary living. Whether you're an investor, developer, or entrepreneur, this site offers a rare opportunity to bring your vision to life. Located in the pro-development 11th Ward, this property is ready to build-just dirt and possibilities await! Renderings are for marketing purposes only; buyers should verify and conduct all due diligence. Don't miss out-your next big project starts here!

654 W 31st Street | MLS# 12571341

This land located at 654 W 31st Street, Chicago, IL 60616 is currently listed for sale with an asking price of $950,000. The property has approximately 0.17 Acres. W 31st Street is located within the District 130 school district. Search Chicago real estate on lindadunn.bhhscrosby.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.17 Acres
Taxes: $4,448

Feature Descriptions

Frontage: 60'
Frontage Type: City Street
Lot Dimensions: 60x122.75
Parcel#: 17283280200000
Possible Use: Commercial, Condominium, Development, Single Family, Retail
Road Surface: Dirt, Gravel
Township: South Chicago

Local Schools

School District: District 130

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 773-482-1917

Shown By

Agent Name: Linda Dunn
Agent Phone: (815) 397-4040
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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Estimated Payment

$ 2,762.04 per month $2,114.29 Principal & Interest $370.67 Property Tax $277.08 Homeowner's Insurance

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