Corner Commercial Land
For Sale
$950,000
654 W 31st Street, Chicago, IL 60616
Land, Chicago, IL
Property SizeContact for details
Days on Market200
Property Features for 654 W 31st Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
130
Middle school district
130
High school district
130
Directions
South to 31st, West to Union
Subdivision
CHI - Bridgeport
Standard status
Active
APN
17283280200000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4449
Listing Agency:
Compass
(773) 482-1917
Listed By:
Amy Duong · License #471005863
(773) 295-4387
Added: Feb 17
Changed: Aug 20
Last Checked: Sep 5 at 10:06PM
MLS# 12571341
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This vacant commercial land parcel contains 7,365 SF at 654-58 W. 31st Street in Chicago. The corner configuration provides frontage on the property, while the site’s C1-1 and B3-2 zoning designations establish its current land-use framework.
Architectural plans are included for a modern two-story mixed-use building. The concept shows commercial space on the ground floor with residential units above, providing a defined basis for future planning and due diligence. The property is located in Chicago’s Bridgeport neighborhood and within a Transit Oriented Development area.
Architectural plans are included for a modern two-story mixed-use building. The concept shows commercial space on the ground floor with residential units above, providing a defined basis for future planning and due diligence. The property is located in Chicago’s Bridgeport neighborhood and within a Transit Oriented Development area.
Key Highlights
- 7,365 SF vacant corner parcel
- Located at 654‑58 W. 31st Street in Chicago
- Within a Transit Oriented Development area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,656
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner site in a Transit Oriented Development area with C1-1 and B3-2 zoning.
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: 7,365 SF vacant corner parcel; Located at 654‑58 W. 31st Street in Chicago; Within a Transit Oriented Development area
