Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12571341
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Request Info654 W 31st StreetChicago, IL 60616
Vacant Land$950,000
Active
654 W 31st Street Overview
- Time on Site:
- 130 days
- Visits:
- 0
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!
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654 W 31st Street Facts & Features
- Type Vacant Land
Details
General
School Information
- School District: 130
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Bridgeport
- Township: South Chicago
Tax Information
- Tax Annual Amount: $4,448.56
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 17283280200000
- Possible Use: Commercial,Condominium,Development,Single Family,Retail
- Property Type: Land
- Special Listing Conditions: None
Interior
Beds/Baths
- Bathrooms Total: 0
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Additional Parcels: Yes
- Frontage Length: 60'
- Frontage Type: City Street
- Lot Size Dimensions: 60x122.75
- Road Surface Type: Dirt,Gravel
Waterfront/View
- Waterfront: No
654 W 31st Street Neighborhood
Community
60616 (CHICAGO) Demographics
38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.654 W 31st Street Monthly Cost
654 W 31st Street Market Data
Based on the last 30 days in this zip code
$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
654 W 31st Street History
| Date | Value | Agent |
|---|---|---|
| 5/18/2026Source: MRED | Active |
|
| 5/13/2026Source: MRED | $950,000 -26.9% |
|
| 5/13/2026Source: MRED | Price Change |
|
| 2/24/2026Source: MRED | Active |
|
| 2/19/2026Source: MRED | February 19, 2026 |