654 W 31st Street, Chicago, IL 60616

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
654 W 31st Street,Chicago, IL 60616
$950,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: amy duong, eva knapp
Office: compass
MLS#:12571341
Source:MLSNI

Price summary

  • Price:$950,000

About 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....

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Home facts

  • Listing ID #:12571341
  • Updated:August 25, 2026 at 11:02 AM

Finances and disclosures

  • Price:$950,000
  • Tax amount:$4,449 (2024)
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