Prime Bridgeport Corner Lot
For Sale
$950,000
654 W 31st Street, Chicago, IL 60616
Land, Chicago, IL
Property SizeContact for details
Lot Size0.17 Acres
Days on Market184
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
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4449
Listing Agency:
Compass
(773) 482-1917
Listed By:
Amy Duong · License #471005863
Added: Feb 17
Changed: Aug 20
Last Checked: Aug 20 at 8:06AM
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.
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
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 - 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.
