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1226 W 31St Pl Chicago, IL 60608

For Sale
$1,295,000

Commercial Sale - Chicago, IL

Days on Market:
59
Last Refresh:
Dec 12 at 5:06 pm

Property Features for 1226 W 31St Pl

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
17321040330000

Utilities

Cooling system
Central Air

Building Details

Year built
1888
Number of units
6
Architectural style
Other

eXp Realty, LLC (888) 574-9405 [email protected]

Listing agent Zach Shepard (888) 574-9405 License #475153574

Listing date Oct 15, 2025

MLS# 12496169 Listing URL

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Multifamily Investment in Chicago

This fully renovated six-unit building is located in the rapidly appreciating Bridgeport neighborhood of Chicago. All six units feature a two-bedroom, one-bathroom layout and have been fully renovated within the past three years. The property is currently fully occupied, offering a turnkey investment opportunity. The building was recently furnished as Airbnb units for traveling nurses before transitioning back to long-term rentals last year. Situated on a quiet side street, the building features new windows, a tear-off roof less than 18 months old, new sidewalks, a turf backyard, tuckpointed brick, and new doors with fully automated keyless locks. The layout includes three units in the front and three in the back, with a center entrance. A significant value-add opportunity exists in the large, unfinished attic, which could be converted into two additional units with separate entrances or duplexed with the existing top-floor units. The kitchens are equipped with new white cabinets, quartz countertops, marble and glass decorative backsplashes, stainless steel appliances, new flooring, and new lighting. The bathrooms feature new white tile and electric makeup mirrors. Each unit includes an open-concept living room and kitchen with new LVT flooring. The property is located one block away from 31st Street, with its restaurants and coffee shops. This is a turnkey investment property intended for residential income.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.657131
Latitude
41.8372609

FAQs

What type of property is this?
Apartment building - Fully renovated 6-unit building in Bridgeport neighborhood, Chicago.
Where is this apartment building located?
The property is located at 1226 W 31St Pl Chicago, IL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: - Fully renovated 6-unit building in Bridgeport, a turnkey investment for immediate cash flow.; - Significant value-add opportunity: convert the large, unfinished attic into 2 additional units.; - All 6 units feature modern, open-concept layouts with updated kitchens and bathrooms.
More about this property
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