535 W 31st Street, Chicago, IL 60616

This solid brick mixed-use building combines a ground-floor commercial space with residential living above. The ground level includes a commercial unit with an established business connecting to a back one-bedroom apartment that features a central heating and cooling system, making it well-suited for live/work use. The second floor provides a spacious four-bedroom, one-bath layout with central heating and cooling, along with in-unit washer/dryer. On the third floor are two separate units (front and rear), each offering two bedrooms and one bath with wall heat units. A full basement adds substantial storage and is connected to central heat and air.

The property is located in Bridgeport and is zoned B3-2. The remarks note proximity to IIT, UIC, Chinatown, Downtown, and major highways, with nearby restaurants, CVS, public transportation, and grocery stores. The Healy Elementary School district is cited in the information provided.

For tenants, owners, and operators, the configuration supports mixed-use income potential with a dedicated street-level commercial presence and multiple residential apartments. The building also includes a spacious backyard leading to a three-car garage, and hallway storage rooms that can be rented to tenants or incorporated into unit rent, depending on how the space is managed. The remarks further indicate that market rents are higher than currently collected rents.