6
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Listed by Amy Duongof Compass
$950,000
Est. payment /mo
Price Dropped by $350K
654 W 31st Street Chicago, IL 60616
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12571341
Annual Tax Amount $4,448
Tax Year 2024
Lot Dimensions 60x122.75
Property Sub-Type Land
Property Description
Unlock the potential of "The Union Assembly" perfectly located at 654-58 W. 31st Street, a prime 7,365 SF corner lot in the heart of Bridgeport, one of Chicago's most vibrant and historic neighborhoods. This vacant parcel offers exceptional frontage, high visibility, and is ideally situated in a Transit Oriented Development (TOD) area. Zoned C1-1 & B3-2, with potential for a C1-3 up-zone, it's a developer's dream. Included are architectural plans for a modern 2-story mixed-use building featuring a flexible ground-floor commercial space-perfect for a cafe, boutique, or office-and upscale residential units above, thoughtfully designed for contemporary living. Whether you're an investor, developer, or entrepreneur, this site offers a rare opportunity to bring your vision to life. Located in the pro-development 11th Ward, this property is ready to build-just dirt and possibilities await! Renderings are for marketing purposes only; buyers should verify and conduct all due diligence. Don't miss out-your next big project starts here!
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
Schools
School District 130, 130, 130
Others
Ownership Fee Simple
Special Listing Condition None
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Patrick Clarke
Broker | License ID: 471.007683