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654 W 31st Street

Chicago, IL 60616
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Acres0.17

Acre(Lot)

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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Detail Ic Property Details

Property Type : Land

Price : $950,000

AD Id : 75517663

MLS Id : MRD12571341

Lot Size : 0.17 Acre(Lot)

County : Cook

  • Map Map

Map

Feature Features

  • Lot Information

    Lot Dimensions: 60x122.75 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Land Sub Type: Land

  • Listing Price Information

    Original List Price:$1300000

  • Tax Information

    Annual Tax: $4448.56 Tax Year: 2024 Parcel Number: 17283280200000 Tax Exemption: None

  • Location Information

    City: Chicago Direction: South to 31st, West to Union
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1841 S Calumet Avenue #.., Chicago, IL, 60616 $24,000 -- -- -- Acres (Lot)--
1923 S Jefferson Street, Chicago, IL, 60616 $300,000 -- -- -- 0.09 Acre(Lot)
716 W 17th Street, Chicago, IL, 60616 $309,500 -- -- -- 0.06 Acre(Lot)
3333 S Indiana Avenue, Chicago, IL, 60616 $90,000 -- -- -- 0.06 Acre(Lot)
1 E Cermak Road, Chicago, IL, 60616 $1,500,000 -- -- -- 0.35 Acre(Lot)
1600 S Indiana Avenue #.., Chicago, IL, 60616 $25,000 -- -- -- 0.00 Acre(Lot)
1816 S Jefferson Street, Chicago, IL, 60616 $549,900 -- -- -- 0.11 Acre(Lot)
2922-2926 S Wentworth A.., Chicago, IL, 60616 $875,000 -- -- -- 0.21 Acre(Lot)
3423 S Calumet Avenue, Chicago, IL, 60616 $175,000 -- -- -- Acres (Lot)--
3364 S Giles Avenue, Chicago, IL, 60616 $349,900 -- -- -- 0.07 Acre(Lot)
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ByOwner last updated this listing 06/17/2026 @ 18:20

MLS: MRED #12571341 LISTED BY: Amy Duong, Compass 773-482-1917 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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