654 W 31st Street Chicago, IL 60616

Listing agency Compass Show Phone

Listed by Amy Duong · License #471005863

Added: Feb 17 Updated: May 13 at 5:19PM Checked: Jul 22 at 3:06AM

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MLS# 12571341

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Investment Insights

Based on property information with market context.

Located at 654-58 W. 31st Street, this 7,365 square foot corner lot is situated in Bridgeport, a historic neighborhood of Chicago. The vacant parcel offers frontage and visibility in a Transit Oriented Development (TOD) area. It is zoned C1-1 & B3-2, with potential for a C1-3 up-zone. Architectural plans are included for a two-story mixed-use building. The plans feature ground-floor commercial space and residential units above. The property is located in the pro-development 11th Ward. The ground-floor commercial space is suitable for a cafe, boutique, or office. The residential units are designed for contemporary living. Renderings are for marketing purposes only; buyers should verify and conduct all due diligence.

Key Highlights

• Prime 7,365 SF corner lot in Bridgeport, a vibrant and historic Chicago neighborhood.
• Located in a Transit Oriented Development (TOD) area with exceptional frontage and high visibility.
• Zoned C1‑1 & B3‑2, with potential for C1‑3 up‑zone, offering significant development flexibility.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 7,365 SF corner lot in vibrant Bridgeport neighborhood.

Where is this commercial land located?

The property is located at 654 W 31st Street Chicago, IL.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Prime 7,365 SF corner lot in Bridgeport, a vibrant and historic Chicago neighborhood.; Located in a Transit Oriented Development (TOD) area with exceptional frontage and high visibility.; Zoned C1‑1 & B3‑2, with potential for C1‑3 up‑zone, offering significant development flexibility.