654 W 31st Street — Chicago, IL 60616
Active
▼ $350,000
Chicago, IL 60616

654 W 31st Street

$950,000
0 beds · 0 baths
$350,000 below original 87 days on market $4,449/yr taxes
01About this home

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!

02Inside the home
03By the numbers
$950,000
List price
Square feet
Bedrooms
Bathrooms
Year built
Lot size
Garage spaces
$4,449
Annual taxes
Land
Style
87
Days on market
04Neighborhood
  • Culver's 0.5 mi
  • Taco Bell 0.5 mi
  • Home Run Inn Pizzeria 0.5 mi
  • Wingstop 0.5 mi
  • White Castle 0.6 mi
  • Popeyes 0.6 mi
  • Jewel-Osco 0.4 mi
  • BP Shop 0.6 mi
  • Siri Indian Groceries 0.7 mi
  • 7-Eleven 0.8 mi
  • Mariano's Fresh Market 1.0 mi
  • BP Shop 1.1 mi
  • Lake Meadows Park 450 ft
  • Groveland Park 0.3 mi
  • Dunbar Park 0.5 mi
  • Stephen A. Douglas Monument Park 0.5 mi
  • Ellis Park 0.6 mi
  • Farr Field 0.8 mi
  • Dunkin' 0.5 mi
  • Eméché Cakery & Cafe 0.7 mi
  • Dunkin' 0.7 mi
  • Global Grounds Cafe 0.8 mi
  • John + Pat Anderson's Cafe 0.9 mi
  • 22nd Street Cafe 1.0 mi
POI data via Mapbox · OpenStreetMap contributors
05History

Every event we have for this address, straight from the MLS.

May 13, 2026
Price reducedThis listing
Compass
$950,000
−$350,000
Feb 19, 2026
Listed for saleThis listing
Compass
$1,300,000
Sourced from MRED. Older events appear here as our history backfill completes.
06Ask Dwello

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07See it for yourself

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08Similar homes
Listed by Compass · Amy Duong
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12571341
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